Cash and Stock Dividends At December 31, 2010, White Company has the following: Common Stock, $10 par,

Question:

Cash and Stock Dividends At December 31, 2010, White Company has the following:
Common Stock, $10 par, 10,000 shares authorized, 9,000 issued, 8,000 outstanding

Required
Indicate whether the following would increase, decrease, or have no effect on (a) assets, (b) retained earnings, and (c) total stockholders’ equity.
_____ A company declares and pays a cash of $25,000.
_____ A company declares and issues a 10% stock 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...