Question: Indicate whether each of the following transactions would increase, decrease, or have no effect on total assets, total liabilities, total shareholders' equity, and the number

Indicate whether each of the following transactions would increase, decrease, or have no effect on total assets, total liabilities, total shareholders' equity, and the number of shares:

TransactionAssetsLiabilitiesShareholders'

EquityNumber

of Shares(a)

Declared a cash dividend.

select an effect

DecreaseIncreaseNo Effectselect an effect

DecreaseNo EffectIncreaseselect an effect

IncreaseDecreaseNo Effectselect an effect

IncreaseNo EffectDecrease(b)

Paid the cash dividend declared in (a).

select an effect

DecreaseIncreaseNo Effectselect an effect

IncreaseNo EffectDecreaseselect an effect

IncreaseDecreaseNo Effectselect an effect

No EffectIncreaseDecrease(c)

Declared a stock dividend.

select an effect

IncreaseNo EffectDecreaseselect an effect

No EffectIncreaseDecreaseselect an effect

DecreaseNo EffectIncreaseselect an effect

DecreaseIncreaseNo Effect(d)

Distributed the stock dividend declared in (c).

select an effect

DecreaseIncreaseNo Effectselect an effect

IncreaseDecreaseNo Effectselect an effect

No EffectDecreaseIncreaseselect an effect

DecreaseIncreaseNo Effect(e)

Split stock 2 for 1.

select an effect

No EffectDecreaseIncreaseselect an effect

No EffectDecreaseIncreaseselect an effect

No EffectIncreaseDecreaseselect an effect

No EffectIncreaseDecrease

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