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For questions 1 to 14, choose the answer which indicates the Effect of the transaction on each of the following accounts 9. Colin Company declared
For questions 1 to 14, choose the answer which indicates the Effect of the transaction on each of the following accounts 9. Colin Company declared and distributed a stock split. No Effect No Effect No Effect No Effect No Effect No Effect No Effect No Effect Net Income Retained Earnings Total Stockholder's Equity Total Assets Total Liabilitiesn No Effect No Effect No Effect No Effect No Effect No Effect No Effect No Effect No Effect No Effect No Effect Decrase 10. April Showers recorded accrued interest expense on a note payable. Net Income Retained Earnings Total Stockholder's Equity Total Assets No Effect IncreasecraLarease Iacrease IncreaseDecreaseIacreaseNo Effect DecreaseDecrasDecreascease DecreassIncieaseLacessNoEffect DecreaseIncrease Increase No EffectDecreaseDecreasDcrease DecreaseleaseDecreaseDecrease No Effect Decrease 11. Alyson Hilad Company issued $20,000,000 par value 10% convertible bonds at 99 with nondetachable warrants. If the bonds had not been convertible, his best friend who graduated from another college estimates they would have been sold at an amount somewhat less. Net Income Retained Earnings Total Stockholder's Equity Total Assets Total No Effect No Effect No Effect No Effect No Effect No Effect No Effect No Effect Increase No Effect Decrease No Effect Increase No Effect For questions 1 to 14, choose the answer which indicates the Effect of the transaction on each of the following accounts 9. Colin Company declared and distributed a stock split. No Effect No Effect No Effect No Effect No Effect No Effect No Effect No Effect Net Income Retained Earnings Total Stockholder's Equity Total Assets Total Liabilitiesn No Effect No Effect No Effect No Effect No Effect No Effect No Effect No Effect No Effect No Effect No Effect Decrase 10. April Showers recorded accrued interest expense on a note payable. Net Income Retained Earnings Total Stockholder's Equity Total Assets No Effect IncreasecraLarease Iacrease IncreaseDecreaseIacreaseNo Effect DecreaseDecrasDecreascease DecreassIncieaseLacessNoEffect DecreaseIncrease Increase No EffectDecreaseDecreasDcrease DecreaseleaseDecreaseDecrease No Effect Decrease 11. Alyson Hilad Company issued $20,000,000 par value 10% convertible bonds at 99 with nondetachable warrants. If the bonds had not been convertible, his best friend who graduated from another college estimates they would have been sold at an amount somewhat less. Net Income Retained Earnings Total Stockholder's Equity Total Assets Total No Effect No Effect No Effect No Effect No Effect No Effect No Effect No Effect Increase No Effect Decrease No Effect Increase No Effect
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