Question: Complete the following chart by inserting anX for each statement that is true. Cash dividend Stock dividend Stock split Decreases retained earnings Has no effect
Complete the following chart by inserting an"X" for each statement that is true.
| Cash dividend | Stock dividend | Stock split |
|---|---|---|---|
Decreases retained earnings |
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Has no effect on a liability |
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Increases paid-in capital by the |
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|
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same amount that it decreases |
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retained earnings |
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Decreases both total assets and |
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total stockholders' equity |
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Has no effect on total |
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stockholders' equity |
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