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QUESTION $28$

Determine the effect of each transaction on the basic accounting equation. If the item is increasing, insert a plus sign $(+),$ if it is decreasing, insert a minus sign $(-),$ if there is no change, place a zero $(0).$

Example: Purchased supplies on account.

$\backslash$table$[[$Assets$,\backslash$table$[[$Liabiliti$],[$es$]],$Equity$],[+,+,0]]$

Issued common stock in exchange for cash.

$\backslash$table$[[$Assets$,$Liabilities,Equity$],[,,]]$

Purchased treasury stock.

$\backslash$table$[[$Assets$,$Liabilities,Equity$],[,,]]$

Sold treasury stock in excess of cost$.$

$\backslash$table$[[$Assets$,$Liabilities,Equity$],[,,]]$

Declared a cash dividend.

$\backslash$table$[[$Assets$,$Liabilities,Equity$],[,],[,,]]$

Paid a cash dividend.

$\backslash$table$[[$Assets$,$Liabilities,Equity$],[,,]]$

Announced and distributed a stock split.

$\backslash$table$[[$Assets$,$Liabilities,Equity$],[,,]]$