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
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Effect of Cash Dividend and Stock Split
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)
Transcribed Image Text:Effect of Cash Dividend and Stock Split 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)
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