E11-9 (Algo) Recording and Reporting Stockholders' Equity Transactions, Including Closing Entry [LO 11-2, LO 11-3]

Help Save & 4 Required information Part 1 of 2 E11-9 (Algo) Recording and Reporting Stockholders' Equity Transactions, including Closing Entry (LO 11-2. LO 11-3) [The following information applies to the questions displayed below) The annual report for Malibu Beachwear reported the following transactions affecting stockholders' equity 16.66 a. Purchased $350,500 of common stock now held in treasury b. Declared cash dividends in the amount of $260.250. c Paid the dividends in (0) dissued 105,000 new shares of $0.10 par value common shares for $2 per share e. Closed the Dividends account. look Hint E11-9 (Algo) Part 1 P Required: 1. Indicate the effect (+ for increase - for decrease, +/- for increase/decreaso) of each of these transactions on total assets, tabilities and stockholders' equity (Leave cell blank if there is no effect) References Assets Liabutis Stockholders Equity b d