What is the effect (increase, decrease, or no effect) on total assets of the declaration of a cash dividend? Three different dates related to a cash dividend declaration are (1) date of declaration, (2) date of record, and (3) date of payment. The date for recording liability is the date of If 90,000 shares of common stock are authorized, 75,000 shares are issued, and 5,000 shares are held as treasury stock, how many shares are outstanding