A Corporation Had Several Transactions Affecting Its Stockholders' Equity Accounts

Question 166

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A corporation had several transactions affecting its stockholders' equity accounts during the year. The transactions are presented in chronological order. In the space provided, indicate the impact on the equity accounts shown by placing the respective dollar amounts along with a plus sign (+) for an increase in the account balance, minus sign (−) for a decrease, or N/A if there is no impact on the account balance. A corporation had several transactions affecting its stockholders' equity accounts during the year. The transactions are presented in chronological order. In the space provided, indicate the impact on the equity accounts shown by placing the respective dollar amounts along with a plus sign (+) for an increase in the account balance, minus sign (−) for a decrease, or N/A if there is no impact on the account balance.

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