Required Indicate the effect of each of the following transactions on (1) the value per share of common stock, and (5) retained earnings. Assu each transaction by selecting "+" for increase, "-" for decrease, a. Collected account receivable. b. Wrote off account receivable. c. Converted a short-term note payable to a long-term note payab d. Purchased inventory on account. e. Declared cash dividend. f. Sold merchandise on account at a profit. g. Issued stock dividend. h. Paid account payable. i. Sold building at a loss. IT b. d. S CD f. 9. 1. ere to search Current Working Ratio Capital + B 1 1 + + Bi X Answer is not complete. Stockholders Equity + Purel Book Value e Retained Earnings P

Required Indicate the effect of each of the following transactions on (1) the value per share of common stock, and (5) retained earnings. Ass each transaction by selecting " + " for increase, "-" for decrease, o. Collected account receivable. b. Wrote off account receivable. c. Converted a short-term note payable to a long-term note payab d. Purchased inventory on account. e. Declared cash dividend. f. Sold merchandise on account at a profit. g. Issued stock dividend. h. Paid account payable i. Sold building at a loss