Which of the following transactions will not change a company's total stockholders' equity?
A)Reporting of net income.
B)Issuing stock to stockholders in exchange for cash.
C)The declaration of a cash dividend.
D)The payment of a previously declared cash dividend.

Question

Quizplus · Accepted Answer

The payment of a previously declared cash dividend reduces cash, and reduces or eliminates the dividend payable account.

Which of the Following Transactions Will Not Change a Company's