Question

Match the following 1. Dividends 2. Liabilities 3. Expenses 4. Revenues 5. Assets Transactions that affect...

Match the following

1. Dividends

2. Liabilities

3. Expenses

4. Revenues

5. Assets

Transactions that affect the left side of the accounting equation.

Transactions that affect the right side of the accounting equation not related to stockholders' equity.

Transactions that increase stockholders' equity.

Transactions that decrease stockholders' equity related to cost of generating of generating revenues.

Transactions that decrease stockholders' equity related to distributions to stockholders

Business   Accounting   
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Answer #1

1. Dividends - Transactions that decrease stockholders' equity related to distributions to stockholders.

2. Liabilities - Transactions that affect the right side of the accounting equation not related to stockholders' equity.

3. Expenses - Transaction that decrease stockholders' equity related to cost of generating of generating revenues.

4. Revenues - Transactions that increase stockholders' equity.

5. Assets - Transactions that affect the left side of the accounting equation.

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