Using the transactions in PB5-1, complete the following table by indicating the sign of the effect (+

Question:

Using the transactions in PB5-1, complete the following table by indicating the sign of the effect (+ for increase, - for decrease, NE for no effect, and CD for cannot determine) of each transaction. Consider each item independently.
Transaction From PB5-1
a. Paid cash to purchase equipment costing $30,000.
b. Declared and paid a cash totaling $40,000.
c. Recorded depreciation on property and equipment totaling $78,000.
d. Recorded cash admissions revenues of $450,000.

Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...