Indicate whether each of the following transactions would increase (+), decrease

Question

Indicate whether each of the following transactions would increase (+), decrease (-), or not affect (N/A) total assets, total liabilities, and total stockholders' equity. Transaction Total Assets Total Liabilities Total Stockholders' Equit (a) Declared cash dividend Not Affect Increase Not Affect (b) Paid cash dividend declared in (a) Decrease Decrease Not Affect (c) Declared stock dividend. Not Affect Increase Decrease (d) Distributed stock dividend declared in (c). Not Affect Not Affect Not Affect (e) Split stock 3-for-1. Not Affect Not Affect Not Affect

Explanation / Answer

Total Assets Total Liabilities Stockholders Equity a) Declared Cash Dividend Not Affect Increase Decrease b) Paid cash dividend declared Decrease Decrease Not Affect c) Declared Stock Dividend Not Affect Not Affect Not Affect d) Distributed Stock dividend declared Not Affect Not Affect Not Affect e) Split Stock 3 for 1 Not Affect Not Affect Not Affect

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