Tuesday 6 August 2013

Which of the following transactions causes a decrease in stockholders' equity? Answer Pay dividends to stockholders. Obtain cash by borrowing from a local bank. Provide services to customers on account. Purchase office equipment for cash.

Which of the following transactions causes a decrease in stockholders' equity?
Answer
  Pay dividends to stockholders.
  Obtain cash by borrowing from a local bank.
  Provide services to customers on account.
  Purchase office equipment for cash.
Answer
Pay dividends to stockholders.

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