Trans Union Corporation issued 5,000 shares for $ 50 per share in the current year, and it

Question:

Trans Union issued 5,000 shares for $ 50 per share in the current year, and it issued 10,000 shares for $ 37 per share in the following year. The year after that, the company reacquired 20,000 shares of its own stock for $ 45 per share. Determine the impact (increase, decrease, or no change) of each of these transactions on the following classifications:
1. Total assets.
2. Total liabilities.
3. Total stockholders’ equity.
4. Net income. Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...