Transactions affect various financial statement amounts. Total Retained Stockholders Net Profit Earnings Equity a. A stock dividend

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Transactions affect various financial statement amounts.

Total Retained Stockholders’

Net Profit Earnings Equity

a. A stock dividend is declared and paid. ______ ______ ______

b. Merchandise is purchased on credit. ______ ______ ______

c. Marketable securities are sold above cost. ______ ______ ______

d. Accounts receivable are collected. ______ ______ ______

e. A cash dividend is declared and paid. ______ ______ ______

f. Treasury stock is purchased and recorded at cost. ______ ______ ______ g. Treasury stock is sold above cost. ______ ______ ______ h. Common stock is sold. ______ ______ ______ i. A fixed asset is sold for less than book value. ______ ______ ______ j. Bonds are converted into common stock. ______ ______ ______ Required Indicate the effects of the transactions listed above on each of the following: net profit, retained earnings, total stockholders’ equity. Use + to indicate an increase, − to indicate a decrease, and 0 to indicate no effect.

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