Tell whether each of the following actions will increase, decrease, or have no effect on total assets,

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Tell whether each of the following actions will increase, decrease, or have no effect on total assets, total liabilities, and total stockholders’ equity:

1. Declaration of a stock dividend

2. Declaration of a cash dividend

3. Stock split

4. Purchase of treasury stock


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Principles of Accounting

ISBN: 978-1439037744

11th Edition

Authors: Needles, Powers, crosson

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