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:
| Transaction | Assets | Liabilities | Shareholders' Equity | Number of Shares | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| (a) | Declared cash dividend. | select an effect IncreaseDecreaseNo Effect | select an effect IncreaseDecreaseNo Effect | select an effect DecreaseIncreaseNo Effect | select an effect IncreaseDecreaseNo Effect | |||||
| (b) | Paid cash dividend declared in part (a). | select an effect IncreaseDecreaseNo Effect | select an effect IncreaseDecreaseNo Effect | select an effect IncreaseDecreaseNo Effect | select an effect IncreaseDecreaseNo Effect | |||||
| (c) | Declared stock dividend. | select an effect IncreaseDecreaseNo Effect | select an effect IncreaseDecreaseNo Effect | select an effect IncreaseDecreaseNo Effect | select an effect IncreaseDecreaseNo Effect | |||||
| (d) | Distributed stock dividend declared in part (c). | select an effect IncreaseDecreaseNo Effect | select an effect IncreaseDecreaseNo Effect | select an effect IncreaseDecreaseNo Effect | select an effect IncreaseDecreaseNo Effect | |||||
| (e) | Split stock 2-for-1. | select an effect IncreaseDecreaseNo Effect | select an effect IncreaseDecreaseNo Effect | select an effect IncreaseDecreaseNo Effect | select an effect IncreaseDecreaseNo Effect |
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