Indicate whether each of the following transactions would increase (+), decrease (-), or not affect (N/A)...
Indicate whether each of the following transactions would
increase (+), decrease (-), or not affect (N/A) total assets, total
liabilities, and total stockholders equity.
|
Transaction |
Total Assets |
Total Liabilities |
Total Stockholders Equity |
|||||
| (a) | Declared cash dividend. | 
DecreaseIncreaseNot Affect |
IncreaseNot AffectDecrease |
DecreaseNot AffectIncrease |
||||
| (b) | Paid cash dividend declared in (a). |
Not AffectDecreaseIncrease |
DecreaseNot AffectIncrease |
DecreaseNot AffectIncrease |
||||
| (c) | Declared stock dividend. |
IncreaseDecreaseNot Affect |
DecreaseNot AffectIncrease |
IncreaseNot AffectDecrease |
||||
| (d) | Distributed stock dividend declared in (c). |
IncreaseDecreaseNot Affect |
IncreaseDecreaseNot Affect |
IncreaseDecreaseNot Affect |
||||
| (e) | Split stock 3-for-1. |
DecreaseNot AffectIncrease |
Not AffectDecreaseIncrease |
IncreaseDecreaseNot Affect |
Homework Answers
| Transaction | Total Assets | Total Liabilities | Total Stockholders Equity | ||
| a | Declared cash dividend. | Not affect | Increase | Decrease | |
| b | Paid cash dividend declared in (a). | Decrease | Decrease | Not affect | |
| c | Declared stock dividend. | Not affect | Not affect | Not affect | |
| d | Distributed stock dividend declared in (c). | Not affect | Not affect | Not affect | |
| e | Split stock 3-for-1. | Not affect | Not affect | Not affect |
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