Which of the following transactions would not cause stockholders' equity to change? 1. Cash payment for...
Which of the following transactions would not cause stockholders' equity to change?
1. Cash payment for dividends previously declared.
2. Sale of additional stock to investors.
3. Declaration of a cash dividend to stockholders.
4. Earning revenue for services performed.
Homework Answers
3.Declaration of a cash dividend to stockholders.
Explanation- ● Cash payment for dividends decreases the stockholder's equity as it pays out earnings to the stockholders using its assets.
● Sale of additional stock to investors increases the stockholder's equity as it raises the company revenue and decreases its operating expense.
● Earning revenue for services performed increases the stockholders equity as it results in overall increase in company's stockholders equity balance.
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