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Effects of Transactions on Stockholders' Equity For Target Corporation (TGT), indicate whether the following transactions would...

Effects of Transactions on Stockholders' Equity For Target Corporation (TGT), indicate whether the following transactions would (1) increase, (2) decrease, or (3) have no effect on stockholders' equity.

a. Borrowed money from the bank

. b. Paid creditors.

c. Made cash sales to customers.

d. Purchased store equipment.

e. Paid dividends.

f. Paid store rent.

g. Paid interest expense.

h. Sold store equipment at a gain.

i. Received interest revenue.

j. Paid taxes.

Business   Economics   
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Answer #1

Effect of Transactions on Stockholder's Equity For Target Corporations, indicate what the following transactions would do:

a) Borrowed money from the bank - No effect

b) Paid creditors - No effect

c) Made cash sales to customers - Increase

d) Purchased store equipment - No effect

e) Paid Dividends - Decrease

f) Paid store rent - Decrease

g) Paid interest expense - Decrease

h) Sold store equipment at a gain - Increase

i) Received interest revenue - Increase

j) Paid taxes - Decrease

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