Last year the Digby company increased their equity. In 2023 their equity was $49,468. Last year (2024) it increased to $51,256. What are causes of change in equity? Check all that apply. Select : 3 Profits of $10,496 Depreciation of -$41,287 Issue and retirement of stock . A bond issue of$1,308. Dividend payment of$7,169. Change in inventory of$74. An accounts payable change of$1,437. A change in short term debt of-$4,147. A change of plant and equipment of$9,580. A change in cash of -$4,938. Plant Improvements of $9,580

Foundations of Business (MindTap Course List)
6th Edition
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter15: Using Management And Accounting Information
Section: Chapter Questions
Problem 4DQ
icon
Related questions
Question

Last year the Digby company increased their equity. In 2023 their equity was $49,468. Last year (2024) it increased to $51,256. What are causes of change in equity? Check all that apply.

Select : 3

  • Profits of $10,496
  • Depreciation of -$41,287
  • Issue and retirement of stock .
  • A bond issue of$1,308.
  • Dividend payment of$7,169.
  • Change in inventory of$74.
  • An accounts payable change of$1,437.
  • A change in short term debt of-$4,147.
  • A change of plant and equipment of$9,580.
  • A change in cash of -$4,938.
  • Plant Improvements of $9,580
AI-Generated Solution
AI-generated content may present inaccurate or offensive content that does not represent bartleby’s views.
steps

Unlock instant AI solutions

Tap the button
to generate a solution

Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Foundations of Business (MindTap Course List)
Foundations of Business (MindTap Course List)
Marketing
ISBN:
9781337386920
Author:
William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:
Cengage Learning
Foundations of Business - Standalone book (MindTa…
Foundations of Business - Standalone book (MindTa…
Marketing
ISBN:
9781285193946
Author:
William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:
Cengage Learning