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During 2014, Roblez Corporation had the following transactions and events. 1. Declared a cash dividend. 2. Issued par value common stock for cash at par

During 2014, Roblez Corporation had the following transactions and events.

1. Declared a cash dividend.
2. Issued par value common stock for cash at par value.
3. Completed a 2-for-1 stock split in which $10 par value stock was changed to $5 par value stock.
4. Declared a small stock dividend when the market price was higher than par value.
5. Made a prior period adjustment for overstatement of net income.
6. Issued the shares of common stock required by the stock dividend declaration in item no. 4 above.
7. Paid the cash dividend in item no. 1 above.
8. Issued par value common stock for cash above par value.

Indicate the effect(s) of each of the foregoing items on the subdivisions of stockholders equity.

We have there choices 1 Increase 2 Decrease 3 No Effect for each above.

Capital Stock Additional Retained Earnings

No Effect No Effect Decrease

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