Equity is not affected by all a. Cash receipts b. Revenue c. Dividends d. Expenses

Century 21 Accounting General Journal
11th Edition
ISBN:9781337680059
Author:Gilbertson
Publisher:Gilbertson
Chapter1: Starting A Proprietorship: Changes That Affect The Accounting Equation
Section1.3: How Transactions Change Owner’s Equity In An Accounting Equation
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Equity is not affected by all

a. Cash receipts

b. Revenue

c. Dividends

d. Expenses

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