Donnie Hilfiger has two classes of stock authorized: $1 par preferred and $0.01 par value common....

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Donnie Hilfiger has two classes of stock authorized: $1 par preferred and $0.01 par value common. As of the beginning of 2021 2. Select whether each of the following transactions increases ( + ) or decreases ( - ) total assets, total liabilities, and

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--Requirement 2

Transaction	Total Assets	Total Liabilities	Total Stockholders' Equity
Issue of common stock	Increase (Cash)		Increase (Common Stock)
Purchase treasury stock	Decrease (Cash)		Decrease (Treasury Stock)
Resell treasury Stock	Increase (Cash)		Increase (Treasury Stock)
Issue preferred stock	Increase (Cash)		Increase (Preferred Stock)
Declare cash dividend		Increase (Dividend payable)	Decrease (Retained earnings)
Pay Cash dividends	Decrease (Cash)	Decrease (Dividend payable)

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