Last year the Baldwin company increased their equity. In 2015 their equity was $
ID: 2747634 • Letter: L
Question
Last year the Baldwin company increased their equity. In 2015 their equity was $49,131. Last year (2016) it increased to $53,839.What are causes of change in equity? Check all that apply. Select: 3 A bond issue of$1,377. Issue and retirement of stock . Profits of $12,805 A change of plant and equipment of$9,580. Plant Improvements of $9,580 A change in short term debt of-$4,478. Depreciation of -$41,287 Dividend payment of$6,489. A change in cash of $481. An accounts payable change of$1,546. Change in inventory of-$3,472. Last year the Baldwin company increased their equity. In 2015 their equity was $49,131. Last year (2016) it increased to $53,839.
What are causes of change in equity? Check all that apply. Select: 3 A bond issue of$1,377. Issue and retirement of stock . Profits of $12,805 A change of plant and equipment of$9,580. Plant Improvements of $9,580 A change in short term debt of-$4,478. Depreciation of -$41,287 Dividend payment of$6,489. A change in cash of $481. An accounts payable change of$1,546. Change in inventory of-$3,472.
Explanation / Answer
Last year the Baldwin company increased their equity. In 2015 their equity was $49,131. Last year (2016) it increased to $53,839. The causes of increase of equity could be as follwing-
Rest of the factors does not change equity. The reasons are as follows-
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