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Chapter 15 handout Insert Draw Page Layout Formulas Data Review View Tell me El Fun Increase H A B C D Individual answers will not

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Chapter 15 handout Insert Draw Page Layout Formulas Data Review View Tell me El Fun Increase H A B C D Individual answers will not be verified with a Blue font. If the entire row is correct, the word "Correct" will appear in column" in a Blue font. The following are selected transactions that may affect stockholders' equity. 1 Recorded accrued interest earned on a note receivable. 2 Declared a cash dividend. Declared and distributed a stock split. Paid the cash dividend declared in item 2 above. 5 Declared a stock dividend. 6 Distributed the stock dividend declared in item 5. 3 4 Assets Increase Decrease Liabilities NA Decrease Equity NA Decrease Paid In capital NA NA Retained earnings NA Decrease Net Income Increase NA 1 2 3 4 5 6

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