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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