For each of the following, identify the impact of the proposed event on the assets, liabilities, and
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For each of the following, identify the impact of the proposed event on the assets, liabilities, and share-holders' equity by using for increases, for decreases, and 0 for no effect.
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Shareholders Equity Event 1. Purchase of treasury stock 2. Declare cash dividend 3. Stock split distributed 4. Issue common stock . Issue a stock dividend 6. Fail to pay cumulative preferred stock dividend 7. Pay cash dividend previously declared 8. Issue preferred stock 9. Sell treasury stock previously purchased 10. Board of directors determines par value Assets Liabilities
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Related Book For
Introduction to Accounting An Integrated Approach
ISBN: 978-0078136603
6th edition
Authors: Penne Ainsworth, Dan Deines
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