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Indicate the effect on the financial statement categories/subcategories as follows: I increase; D = decrease; N = no effect. Dont leave any cells blank. Transaction
Indicate the effect on the financial statement categories/subcategories as follows: I increase; D = decrease; N = no effect. Dont leave any cells blank.
Transaction | Effect on Contributed Capital (CC) | Retained Earning | Total Stockholders Equity | Net Income |
Sold common stock | ||||
Declared cash dividend | ||||
Paid previously declared cash dividend | ||||
Declared and issued stock dividend | ||||
Declared property dividend; the propertys fair value is greater than its BV | ||||
Purchased common stock to be resold later | ||||
Sold TS in excess of cost | ||||
Resold TS below cost (APIC-TS available) | ||||
Retired common shares | ||||
Resold TS below cost (APIC TS not available) |
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