Question

Last year the digby company increased their equity. In 2017 their equity was $49,417. Last year (2018) it increased to $53,679. What are causes of change in equity? Check all that apply.

Answer 1

I am not sure this question

Answer 2

Answer:

Profit, Issue stock, Dividends

Explanation:

Assets = Liabilities + Equity

Using this equation, you can increase equity by increasing profit and decreasing liabilities.