The following are selected transactions that may affect stockholders' equity. 1. 2. 3. 4. 5. 6. 7. 8. 9. Recorded accrued interest earned on a note receivable. Item 1. Declared a cash dividend. In the following table, indicate the effect each of the nine transactions has on the financial statement elements listed. Declared and distributed a stock split. Approved a retained earnings restriction. Recorded the expiration of insurance coverage that was previously recorded as prepaid insurance. Paid the cash dividend declared in item 2 above. Recorded accrued interest expense on a note payable. Declared a stock dividend. Distributed the stock dividend declared in item 8. Assets Liabilities Stockholders' Equity Paid-in Capital Retained Earnings Net Income

The following are selected transactions that may affect stockholders' equity. 1. Recorded accrued interest earned on a note receivable. 2. Declared a cash dividend. 3. Declared and distributed a stock split. 4. Approved a retained earnings restriction. 5. Recorded the expiration of insurance coverage that was previously recorded as prepaid insurance. 6. Paid the cash dividend declared in item 2 above. 7. Recorded accrued interest expense on a notepayable. 8. Declared a stock dividend. 9. Distributed the stock dividend declared in item 8. In the following table, indicate the effect each of the nine transactions has on the financial statement elements listed