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Indicate the effects of each of the following transactions on Assets, Liabilities, Share Capital and Retained Earnings. Use + for increase, - for decrease, and
Indicate the effects of each of the following transactions on Assets, Liabilities, Share Capital and Retained Earnings. Use + for increase, - for decrease, and 0 for no effect.
Assets Share Capital Liabiliti Retained a. Declaration of cash dividends b. Payment of cash dividends c. Declaration of stock dividends d. Issuance of stock dividends e. Cash purchase of treasury stock f. Sale of treasury stock below cost
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