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! Required information E 1 1 - 9 ( Algo ) Recording and Reporting Stockholders' Equity Transactions, Including Closing Entry [ LO 1 1 -
Required information EAlgo Recording and Reporting Stockholders' Equity Transactions, Including Closing Entry LO LO The following information applies to the questions displayed below. The annual report for Malibu Beachwear reported the following transactions affecting stockholders' equity: a Purchased $ of common stock now held in treasury. b Declared cash dividends in the amount of $ c Paid the dividends in b d Issued new shares of $ par value common shares for $ per share. e Closed the Dividends account. EAlgo Part Required: Indicate the effect for increase, for decrease, for increasedecrease of each of these transactions on total assets, liabilities, and stockholders' equity. Leave cell blank if there is no effect.
Required information
EAlgo Recording and Reporting Stockholders' Equity Transactions, Including Closing Entry LO
LO
The following information applies to the questions displayed below.
The annual report for Malibu Beachwear reported the following transactions affecting stockholders' equity:
a Purchased $ of common stock now held in treasury.
b Declared cash dividends in the amount of $
c Paid the dividends in b
d Issued new shares of $ par value common shares for $ per share.
e Closed the Dividends account.
EAlgo Part
Required:
Indicate the effect for increase, for decrease, for increasedecrease of each of these transactions on total assets, liabilities,
and stockholders' equity. Leave cell blank if there is no effect.
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