Which of the following statements are false? (Select all choices that are false)

Transactions affecting stockholders' equity include: Capital contributions Stockholder dividends Earning of revenues Incurrence of expenses

Cash dividends increase expenses.

A two-year premium paid on a fire insurance policy is an example of an accrued expense.

If land is originally purchased for $30,000 and later sold for $62,000 in cash, the effect of the sale on the accounting equation would be: Assets increase $32,000 and; Stockholders' Equity increases by $32,000

Cash is typically increased when a receivable is collected.