Question: ndicate whether the following actions would increase, decrease, or not affect Indigo Inc. ' s total assets, liabilities, and stockholders' equity: AssetsLiabilitiesStockholders ' Equity 1

ndicate whether the following actions would increase, decrease, or not affect Indigo Inc.'s total assets, liabilities, and stockholders' equity:
AssetsLiabilitiesStockholders' Equity1.Authorizing and issuing stock certificates in a stock split
DecreaseIncreaseNot affect
DecreaseIncreaseNot affect
DecreaseIncreaseNot affect
2.Declaring a stock dividend
DecreaseIncreaseNot affect
DecreaseIncreaseNot affect
DecreaseIncreaseNot affect
3.Issuing stock certificates for the stock dividend declared in (2)
DecreaseIncreaseNot affect
DecreaseIncreaseNot affect
DecreaseIncreaseNot affect
4.Declaring a cash dividend
DecreaseIncreaseNot affect
DecreaseIncreaseNot affect
DecreaseIncreaseNot affect
5.Paying the cash dividend declared in (4)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!