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For each item listed in the Item column, indicate with an I for increase, a D for decrease, or a NE for no effect, caused

For each item listed in the Item column, indicate with an I for increase, a D for decrease, or a NE for no effect, caused by each type transaction listed on top of columns 2 thru 6. Hint: look at what happens to the affected accounts as a result of each transaction.

1

Item

2

Declaration of a cash dividend

3

Payment of a previously recorded cash dividend

4

Declaration of a stock dividend

5

Distribution of a previously recorded stock dividend

Assets

Liabilities

Total Capital

Retained Earnings

Par value per share

Total shares outstanding

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