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Indicate the effect of each of the following transactions on total stockholders' equity by indicating whether it is an Increase, Decrease, or no effect on
Indicate the effect of each of the following transactions on total stockholders' equity by indicating whether it is an Increase, Decrease, or no effect on Total stockholders' equity.
1. Treasury stock is resold at more than cost.
2. Operating loss for the period.
3. Declaration of a stock dividend.
4. Acquisition of machinery for common stock.
5. Declaration of cash dividend
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