Friday, October 9, 2020

How many of the following transactions would decrease total stockholders' equity in the current period?

How many of the following transactions would decrease total stockholders' equity in the current period?


• Pay dividends to stockholders.

• Delay payment on supplies purchased until the following period.

• Provide services on account to customers.

• Borrow cash from a local bank.



A) One.

B) Two.

C) Three.

D) Four.



Answer: A

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