Which transaction decreases stockholders' equity?
A)sale of common stock
B)purchase of equipment with cash
C)Total revenues for the period exceed total expenses for the period.
D)Total expenses for the period exceed total revenues for the period.

Question

Quizplus · Accepted Answer

When total expenses for the period exceed total revenues for the period, it results in a net loss, which reduces the company's overall stockholders' equity.

Which Transaction Decreases Stockholders' Equity