Multiple Choice
Which of the following transactions would be reported on the statement of changes in stockholders' equity?
A) Borrowed $5,000 cash from the bank.
B) Paid a $100 cash dividend to the owners.
C) Purchased land for $2,000 cash.
D) Paid $1,500 cash to pay off a portion of its note payable.
Correct Answer:
Verified
Correct Answer:
Verified
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