Indicate whether each of the following transactions would increase (+), decrease
ID: 2504924 • Letter: I
Question
Indicate whether each of the following transactions would increase (+), decrease (-), or not affect (N/A) total assets, total liabilities, and total stockholders equity.
Transaction
Total Assets
Total Liabilities
Total Stockholders Equity
Transaction
Total Assets
Total Liabilities
Total Stockholders Equity
(a) Declared cash dividend. DecreaseIncreaseNot Affect IncreaseNot AffectDecrease DecreaseNot AffectIncrease (b) Paid cash dividend declared in (a). Not AffectDecreaseIncrease DecreaseNot AffectIncrease DecreaseNot AffectIncrease (c) Declared stock dividend. IncreaseDecreaseNot Affect DecreaseNot AffectIncrease IncreaseNot AffectDecrease (d) Distributed stock dividend declared in (c). IncreaseDecreaseNot Affect IncreaseDecreaseNot Affect IncreaseDecreaseNot Affect (e) Split stock 3-for-1. DecreaseNot AffectIncrease Not AffectDecreaseIncrease IncreaseDecreaseNot AffectExplanation / Answer
Transaction Total Assets Total Liabilities Total Stockholders Equity a Declared cash dividend. Not affect Increase Decrease b Paid cash dividend declared in (a). Decrease Decrease Not affect c Declared stock dividend. Not affect Not affect Not affect d Distributed stock dividend declared in (c). Not affect Not affect Not affect e Split stock 3-for-1. Not affect Not affect Not affect