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