Indicate whether the following actions would increase, decrease, or not affect Indigo Inc.'s total assets, liabilities, and stockholders' equity: Stockholders' Assets Liabilities Equity 1. Authorizing and issuing stock certificates in a stock split 2. Declaring a stock dividend 3. Issuing stock certificates for the stock dividend declared in (2) 4. Declaring a cash dividend 5. Paying the cash dividend declared in (4)

Indicate whether the following actions would increase, decrease, or not affect Indigo Inc.'s total assets, liabilities, and stockholders' equity: Stockholders' Assets Liabilities Equity 1. Authorizing and issuing stock certificates in a stock split 2. Declaring a stock dividend 3. Issuing stock certificates for the stock dividend declared in (2) 4. Declaring a cash dividend 5. Paying the cash dividend declared in (4)

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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6When a company declares a cash dividend, which of the following is the correct reporting on the statement of cash flows? A use of cash in the operating section. A use of cash in the investing section. A use of cash in the financing section. As a significant non-cash financing and investing activity.
The net effects on the corporation of the declaration and payment of a cash dividend are to 1. decrease liabilities and increase assets. 2. increase stockholders' equity and decrease liabilities. 3. decrease assets and decrease stockholders' equity. 4. increase assets and increase stockholders' equity. 01 :O 2 O 3 0 4
Declaration of cash dividends will … a. Increase the retained earnings b. Increase the stockholders’ equity c. Decrease the retained earnings d. Decrease the total equity Entries for dividends are required on the … a. Declaration date and payment date b. Declaration date and record date c. Record date and declaration date d. Payment date and record date
Subject: accounting
Stockholders' equity is comprised of O common stock and retained earnings. O net income and retained earnings. O common stock and dividends. O dividends and retained earnings.
Per US GAAP, Paying a cash dividend to its stockholders is found in which activity section A) Investing B) Operating C) Adjusting D) Financing
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Question 1 Which of the following would NOT be included as equity in a corporate balance sheet? Retained earnings Paid in capital Cash Ordinary shares
Which of the following would cause a decrease in stockholders' equity? (A) Purchase of equipment (B) Payment of cash dividend (C) Declaring cash dividend (D) Issuing stock certificate for stock dividends Answer A B O O U D
hrd.3
Account listing Assistance Accumulated Depreciation Cash Cash Dividends Common Stock Common Stock Dividends Distributable Dividends Payable Income Summary Income Tax Expense Income Taxes Payable Interest Expense Interest Payable No Entry Operating Expenses Paid-in Capital in Excess of Par-Common Stock Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Preferred Stock Retained Earnings Sales Revenue Stock Dividends Treasurv Stock