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Indicate the effect of each of the following transactions on total stockholders' equity by placing an X in the appropriate column. Increase Decrease No Effect

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Indicate the effect of each of the following transactions on total stockholders' equity by placing an "X" in the appropriate column. Increase Decrease No Effect 1. Treasury stock is resold at more than cost. 2. Declaration of a cash dividend. 3. Acquisition of machinery for common stock. 4. Conversion of preferred stock into common stock 5. Not declaring a dividend on cumulative preferred stock 6. Declaration of stock dividend. 7. Treasury stocks are purchased 8. Payment of cash dividend. 9. Declaration of stock split 10. Conversion of bonds payable into

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