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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