Question: Problem #1: Indicate whether each of the following transactions increases (+), (decreases (-), or has no effect (NE) on total assets, total liabilities, and total
Problem #1: Indicate whether each of the following transactions increases (+), (decreases (-), or has no effect (NE) on total assets, total liabilities, and total stockholders' equity (common stock and retained earnings). The first transaction is completed as an example. Transactions; a) Issued common stock b) Issued preferred stock c) Purchase treasury stock d) Resell treasury stock e) Declare cash dividend f) Pay cash dividend 8) 2-for-1 stock split SHAREHOLDERS' EQUITY ASSETS LIABILITIES + CONTRIBUTED CAPITAL + RETAINED EARNINGS a NE NE b) @
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