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eek 8: Accounting for Shareholders Equity Part 3 Laboratory Exercise 005 Question 3 Not complete Marked out of 9.00 Flag question Question text Indicate the
- eek 8: Accounting for Shareholders Equity Part 3
- Laboratory Exercise 005
Question 3
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Marked out of 9.00
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Question text
Indicate the effect of each of the following transactions on total equity.
Equity Transaction |
|
Treasury shares are resold at more than cost | IncreaseNo EffectDecrease |
Operating loss for the period. | IncreaseNo EffectDecrease |
Retirement of bonds payable at more than book value | IncreaseNo EffectDecrease |
Declaration of a share dividend. | IncreaseNo EffectDecrease |
Acquisition of machinery for ordinary shares. | IncreaseNo EffectDecrease |
Conversion of bonds payable into ordinary shares | IncreaseNo EffectDecrease |
Not declaring a dividend on cumulative preference shares. | IncreaseNo EffectDecrease |
Declaration of cash dividend. | IncreaseNo EffectDecrease |
Payment of cash dividend. | IncreaseNo EffectDecrease |
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