Question
What could possibly be effect of each of the following transactions on total stockholders' equity : Increase Decrease No Effect 1.Treasury stock is resold at
What could possibly be effect of each of the following transactions on total stockholders' equity :
IncreaseDecrease No Effect
1.Treasury stock is resold at more than cost._________ _________ _________
2.Operating loss for the period._________ _________ _________
3.Retirement of bonds payable at more than
book value._________ _________ _________
4.Declaration of a stock dividend._________ _________ _________
5.Acquisition of machinery for common stock._________ _________ _________
6.Conversion of bonds payable into common
stock._________ _________ _________
7.Not declaring a dividend on cumulative
preferred stock._________ _________ _________
8.Declaration of cash dividend._________ _________ _________
9.Payment of cash dividend._________ _________ _________
10. Distribution of a stock dividend._________ _________ _________
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