Question: Complete the following chart by inserting an X for each statement that is true. Cash dividend Stock dividend Stock split Decreases retained earnings Has no

Complete the following chart by inserting an "X" for each statement that is true.

Cash dividend

Stock dividend

Stock split

Decreases retained earnings

Has no effect on a liability

Increases paid-in capital by the

same amount that it decreases

retained earnings

Decreases both total assets and

total stockholders' equity

Has no effect on total

stockholders' equity

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