Which of the following will NOT cause a change in the shareholder's equity of a business?

Question

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Payment of a business debt would not cause a change in the shareholder's equity as it involves only a reduction in the liability of the business. Shareholder's equity is affected by transactions that impact the assets, liabilities, or revenues/ expenses of the business. B, C, and D all involve such transactions as payment of dividends reduces the retained earnings, sale of land at a profit increases the assets and retained earnings, and losses from unprofitable operations reduce the retained earnings.

Which of the Following Will NOT Cause a Change in the Shareholder's