Which of the following describes "the effects of a claims exchange transaction" on a company's financial statements? ABCDE A. B. C. D. Assets ΝΑ + = Liab. + Equity Rev. ΝΑ + ΝΑ ΝΑ ΝΑ ΝΑ ΝΑ + ΝΑ All of these could represent the effects of a claims exchange transaction. + + + Exp. ΝΑ ΝΑ - Net Inc. Cash Flow ΝΑ +OA +OA ΝΑ = ΝΑ

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