Common equity transactions | Business & Finance homework help
6.1Common Equity Transactions. Describe the directional effect (increase, decrease, or no effect) of each transaction on the components of the book value of common shareholders’ equity shown in the chart on the next page.a. Issuance of $1 par value common stock at an amount greater than par valueb. Donation of land by a governmental unit to a corporationc. Cash dividend declaredd. Previously declared cash dividend […]