A company enters into the following independent transactions 1 Issues common stock for cash 2 Declares and pays a cash dividend 3 Declares and distributes a stock dividend 4 Purchases treasury stock for cash 5 Declares a 2 for 1 stock split Required Describe whether each transaction would increase,...

A company enters into the following independent transactions: 1. Issues common stock for cash 2. Declares and

Question:

A company enters into the following independent transactions:
1. Issues for cash
2. Declares and pays a cash Declares and distributes a stock Purchases treasury stock for cash
5. Declares a 2-for-1 stock split
Required
Describe whether each transaction would increase, decrease, or not affect total stockholders' equity, retained earnings, contributed capital, and cash flows from financing activities.
Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on... 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...