In Preparing a Statement of Changes in Shareholders' Equity, the Company

Multiple Choice

In preparing a statement of changes in shareholders' equity, the company includes land given to a shareholder as a dividend. This transaction is included in the statement because it represents

A) an investment by a shareholder that increases equity.
B) an investment by a shareholder that decreases equity.
C) a distribution to a shareholder that increases equity.
D) a distribution to a shareholder that decreases equity.