Arises from peripheral or incidental transactions. Obligation to transfer resources arising from a pas transaction. Increases ownership interest $.$ Declares and pays cash dividends to owners. Increases in net assets in a period from nonowner sources $.$ Items characterized by service potential or future economic benefit. Equals increase in assets less liabilities during the year $,$ after adding distributions to subtracting investments by owners $.$ Arises from income statement activities that constitute the entity's ongoing major o operations. Residual interest in the assets of the enterprise after deducting its liabilities $.$