Indicate whether each of the following transactions increases (+), decreases (−), or has no effect (NE) on total assets, total liabilities, and total stockholders’ equity. The first transaction is completed as an example. Transaction Total Assets Total Liabilities Total Stockholders’ Equity Issue common stock Issue preferred stockPurchase treasury stockResell treasury stockDeclare cash dividendPay cash dividend100% stock dividend2-for-1 stock split + NE +
Indicate whether each of the following transactions increases (+), decreases (−), or has no effect (NE) on total assets, total liabilities, and total stockholders’ equity. The first transaction is completed as an example. Transaction Total Assets Total Liabilities Total Stockholders’ Equity Issue common stock Issue preferred stockPurchase treasury stockResell treasury stockDeclare cash dividendPay cash dividend100% stock dividend2-for-1 stock split + NE +
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter11: Stockholders' Equity
Section: Chapter Questions
Problem 11.19E
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Indicate whether each of the following transactions increases (+), decreases (−), or has no effect (NE) on total assets, total liabilities, and total
Transaction | Total Assets | Total Liabilities | Total Stockholders’ Equity |
Issue common stock Issue preferred stock Purchase treasury stock Resell treasury stock Declare cash dividend Pay cash dividend 100% stock dividend 2-for-1 stock split |
+
|
NE
|
+
|
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