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
Stockholder equity is the sum of common stock + retained earnings. Retained earnings is the sum of net income(loss) less dividends. Therefore the cause of changes in equity are changes in: 1)net income, 2)dividends and 3) stock.