Which transaction would be reported on a company's Statement of Changes in Equity
QUESTION 13/16
Which transaction would be reported on a company's Statement of Changes in Equity
SELECT ONLY ONE
Disposal of fixed assets
Dividend distribution to shareholders
Purchase of fixed assets
Loan funding from the bank
Dividend income from investments
Homework Answers
Disposal of fixed assets and purchase of fixed assets not related to changes in equity
Loan is not equity
and dividend income is also not equity
But dividend distribution to shareholders effect the changes in equity
So answer is b) Dividend distribution to shareholders
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Which transaction would be reported on a company's Statement of Changes in Equity
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