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Biscbre
Jul 17, 2009, 03:52 PM
What are causes of change in equity?
mark all that apply.

Change in Cash
Profits
Depreciation
Issue and retirement of stock
dividend payment
plant and equipment change
change in short term debt
change in account payable
change in inventory
plant improvements
bond issues

morgaine300
Jul 17, 2009, 10:44 PM
Four things affect equity:
investments by owners
payments to owners
revenues & gains
expenses & losses

Now you try.