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Borrowing money from the bank by signing a note payable would?

a. increase stockholders’ equity b. increase net income c. decrease liabilities d. have no effect on stockholders’ equity

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Question ajoutée par SREEDEVI SUNILKUMAR , Business finance officer , Emirates Airline
Date de publication: 2014/03/12
Abdullah Alnawaiseh
par Abdullah Alnawaiseh , Finance Manager , Al sorayia Group

without taking the entrest expense in consedration the correct answer would be  D

Imran Adwani
par Imran Adwani , Head of Internal Audit , Abdulla Bin Zayed Investment Group

The correct answer is 'd' (i.e. have no effect on stockholder's equity).

syed waseem Iqbal
par syed waseem Iqbal , Senior Accountant , Pacific Exim (pvt) ltd

Dr Cash

Cr Payables

will have no impact on stakeholders equity i.e D

Muhammad Arsalan Ansari
par Muhammad Arsalan Ansari , Accountant , Golden Star Trading LLC

Option "d" is the correct answer,

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