Indicate whether each of the following transactions would increase (+), decrease (), or not affect (N/A) total

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Indicate whether each of the following transactions would increase (+), decrease

(−), or not affect (N/A) total assets, total liabilities, and total stockholders’ equity. LO6 Stockholders’

Transaction Assets Liabilities Equity

(a) Declared cash dividend.

(b) Paid cash dividend declared in (a).

(c) Declared stock dividend.

(d) Distributed stock dividend declared in (c).

(e) Split stock 3-for-1.

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Related Book For  book-img-for-question

Financial Accounting

ISBN: 9781118953907

8th Edition

Authors: Paul D Kimmel, Jerry J Weygandt, Donald E Kieso

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