Which of the Following Statements About Stockholders' Equity Is False

question 130

Multiple Choice

Which of the following statements about stockholders' equity is false?

• A)Stockholders' equity is the shareholders' residual interest in the company resulting from the difference in assets and liabilities.
• B)Stockholders' equity accounts are increased with credits.
• C)Stockholders' equity results only from contributions of the owners.
• D)The purchase of land for cash has no effect on stockholders' equity.