Question
How to explain the types of transactions that cause a change in the companys equity with examples using the accounting equation? The 3 transactions that
How to explain the types of transactions that cause a change in the companys equity with examples using the accounting equation?
The 3 transactions that affect equity are:
1. Revenue increases equity
2. Expenses decrease equity
3. Dividends (or owner withdrawals) decrease equity.
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The Internal Audit As Change Agent The Activation And Successful Implementation Of Organizational Change
Authors: Peter Kundinger
3rd Edition
3751984070, 978-3751984072
