The Issue and retirement of stock, Profits of $12,805 and Dividend payment of $6,489 causes the change in equity
Basically, in accounting, the primary cause for increase in stockholders' equity is increase in retained earnings.
- However, there are other factors that contributes to the change in shareholder's equity.
In conclusion, the Issue and retirement of stock, Profits of $12,805 and Dividend payment of $6,489 causes the change in equity
The missing options includes <em>"A bond issue of$1,377. Issue and retirement of stock . Profits of $12,805
. A change of plant and equipment of$9,580. Plant Improvements of $9,580 A change in short term debt of-$4,478. Depreciation of -$41,287 Dividend payment of$6,489. A change in cash of $481. An accounts payable change of$1,546. Change in inventory of-$3,472."</em>
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