Question 9 Treasury stock is aln): contra asset account. retained earnings account. o contra stockholders' equity account. asset account Question 10 no launy 1 Edwards Corporation had 10,000 shares of $10 par value common stock outstanding. On Question 10 35 On January 1. Edwards Corporation had 10,000 shares of $10 par value common stock outstanding on March 31. the corriendid 10% stock dividend The market value of the stock on March 31 was 515 per share. Regarding the effect of the stock dividend, which stew correct? Edwards Retained Earnings decreases try 515.000 Edwards Retained Earnings increases by $15.000 Edwards' total stockholders' equity decreases Edwards Common Stock Increases by $15,000 3.85 pts Question 11 vo Question 11 315 pts The Board of Directors of Yankee Corporation declared a cash dividend of $1.50 per share on July 15, 2021. On the date of decoration. We had 20,000 shares issued and outstanding. The dividend is to be paid on August 15, 2021 to stockholders of record on July 11.2001. The effects of the journal entry to record the declaration of the dividend on July 15, 2021 are to: o decrease retained earnings and increase liabilities decrease retained earings and decrease assets o increase retained earnings and increase liabilities increase retained earnings and decrease assets. Quection Question 12 Stock splits and stock dividends have the following effects on retained earnings stock splits decrease retained earnings stock dividends decrease retained earnings stock splits increase retained earnings: stock dividends do not change retained earnings stock splits do not change retained earnings: stock dividends do not change retained earnings. stock splits do not change retained earnings: stock dividends decrease retained earnings. Question 13 Lenovo