Indicate whether each of the following transactions would increase (+), decrease (), or not affect (N/A) total

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Indicate whether each of the following transactions would increase (+), decrease (−), or not affect (N/A) total assets, total liabilities, and total stockholders’ equity

Stockholders' Liabilities Transaction Equity Assets a. Declared cash dividend. b. Paid cash dividend declared in (a). c.

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Financial Accounting Tools for Business Decision Making

ISBN: 978-1119493631

9th edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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Question Posted: Aug 20, 2019 11:24 AM

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Indicate whether each of the following transactions would increase (+), decrease (), or not affect (N/A) total

Question:

Stockholders' Liabilities Transaction Equity Assets a. Declared cash dividend. b. Paid cash dividend declared in (a). c. Declared stock dividend. d. Distributed stock dividend declared in (c). e. Split stock 3-for-1.

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Financial Accounting Tools for Business Decision Making

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