Effect of cash dividend and stock split OBJ. 3, 6 Indicate whether the following actions would (+) increase, (–) decrease, or (0) not affect Indigo Inc.’s total assets, liabilities, and stockholders’ equity:

Assets Liabilities Stockholders’

Equity

(1) Authorizing and issuing stock certificates in a stock split _____________ _____________ _____________

(2) Declaring a stock dividend _____________ _____________ _____________

(3) Issuing stock certificates for the stock dividend declared in (2) _____________ _____________ _____________

(4) Declaring a cash dividend _____________ _____________ _____________

(5) Paying the cash dividend declared in (4) _____________ _____________ _____________