which of the following transactions affect owners' equity but does not affect net income? A. dividends...
which of the following transactions affect owners' equity but does not affect net income?
A. dividends paid to common shareholders
B. Repaying the face amount on a bond issued at par
C. Paying the interest on a bond issued at par
Homework Answers
Repaying face amount of bonds have no effect on equity and net income
Interest on bonds have effect on net income and equity both
But dividend paid to Common Shareholders does not effect on net income but affect on owner's equity
So answer is a) Dividends paid to Common Shareholders
Add Answer to:
which of the following transactions affect owners' equity but
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