Problem

(L.OBJ. 1, 2, 3) Effect of stock dividends, stock splits, and treasury stock transaction...

(L.OBJ. 1, 2, 3) Effect of stock dividends, stock splits, and treasury stock transactions [10—15 min]

Many types of transactions may affect stockholders’ equity.

Requirement

1. Identify the effects of the following transactions on total stockholders’ equity. Each transaction is independent.

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