Using the transactions in M5-6, complete the following table by indicating the sign of the effect (+

Question:

Using the transactions in M5-6, 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.

Transactions in M5-6
a. Issued stock for $50,000.
b. Declared and paid a cash dividend of $5,000.
c. Reported total revenue of $120,000 and total expenses of $87,000.

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...