Stockholders' Equity Assets Liabilities (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
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Effect of cash dividend and stock split
Indicate whether the following actions would (+) increase. (-) decrease,
or (0) not affect Indigo Inc.'s total assets, liabilities, and stockholders
equity:

Stockholders'
Equity
Assets
Liabilities
(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:Stockholders' Equity Assets Liabilities (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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