Which one of the following will increase shareholders' equity, all else held constant?    Select one: a. A sale of inventory at a profit. b. The collection of an account s receivable. c. A payment on a loan. d. A purchase of equipment on account. e. The declaration of a stock dividend.

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
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Chapter13: Investments And Long-term Receivables
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Problem 9MC: Cash dividends declared out of current earnings were distributed to an investor. How will the...
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Which one of the following will increase shareholders' equity, all else held constant? 


 

Select one:
a. A sale of inventory at a profit.
b. The collection of an account s receivable.
c. A payment on a loan.
d. A purchase of equipment on account.
e. The declaration of a stock dividend.
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