select whether each of the following transactions increases (+) or decreases (-) total assets, total liabilities, and total stockholders quity. The first transaction is completed as an example. (If none of the categories apply for a particular item, leave the cell blank.) Transaction 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 Total Assets Total Liabilities Total Stockholders' Equity

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Subject: accounting 

Select whether each of the following transactions increases (+) or decreases (-) total assets, total liabilities, and total stockholders'
equity. The first transaction is completed as an example. (If none of the categories apply for a particular item, leave the cell blank.)
Transaction
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
Total Assets Total Liabilities
Total
Stockholders'
Equity
Transcribed Image Text:Select whether each of the following transactions increases (+) or decreases (-) total assets, total liabilities, and total stockholders' equity. The first transaction is completed as an example. (If none of the categories apply for a particular item, leave the cell blank.) Transaction 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 Total Assets Total Liabilities Total Stockholders' Equity
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