Which of the Following Transactions Increases Stockholders' Equity

question 124

Multiple Choice

Which of the following transactions increases stockholders' equity?

• A) Supplies are purchased on account.
• B) Services are provided on account.
• C) Cash is received from customers on account.
• D) Utility bill will be paid next month.

---

Definitions:

Guaranteed Income Supplements

Financial assistance programs provided by governments to supplement income for elderly, disabled, or individuals earning below a certain threshold.

Violent Crime

Refers to criminal activities that involve the use or threat of physical force or violence against persons.

Basic Daily Needs

Essential requirements for human survival and well-being, such as food, water, shelter, and clothing.

Elder Care

The provision of medical, social, personal, and psychological support and services to elderly individuals to ensure their well-being and quality of life.