Which of the following statements about stockholders' equity is false? Multiple Choice Stockholders' equity is the shareholders' residual interest in the company resulting from the difference in assets and liabilities. Stockholders' equity accounts are increased with credits. Stockholders' equity results only from contributions of the owners. The purchase of land for cash has no effect on stockholders' equity.

Which of the following statements about stockholders' equity is false? Mutiple Choice Stockholders' equily is the shareholders' residual interest in the company resulting from the dfference in assets and lablities. Stockholders' equily accounts are increased with credits. Stockholders' equity results only from contributions of the owners. The purchase of land for cash has no effect on stockhoiders' equity