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According to the accounting equation, all other things unchanged, which of the following could offset an increase in profits so as to keep the accounting
According to the accounting equation, all other things unchanged, which of the following could offset an increase in profits so as to keep the accounting equation balanced?
a.
Dividends, common shares, or liabilities decrease; alternatively, assets increase.
b.
Dividends or assets increase; alternatively, common shares or liabilities decrease.
c.
Dividends, assets, or common shares increase; alternatively, liabilities decrease.
d.
Dividends, assets, or liabilities increase; alternatively, common shares decrease.
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