For each item listed in the Item column, indicate with an I for increase, a D for decrease, or a NE for no effect, caused by each type transaction listed on top of columns 2 thru 6. Hint: look at what happens to the affected accounts as a result of each transaction.

1 Item	2 Declaration of a cash dividend	3 Payment of a previously recorded cash dividend	4 Declaration of a stock dividend	5 Distribution of a previously recorded stock dividend
Assets
Liabilities
Total Capital
Retained Earnings
Par value per share
Total shares outstanding