eCSecure htps://www.mathk.eenglay ACC 2223-2nd Pd #1088 Test: Ch 13 Exam Spring

Question

eCSecure htps://www.mathk.eenglay ACC 2223-2nd Pd #1088 Test: Ch 13 Exam Spring 18 8 of 8(0 complete) This Question: 15 pts Complete the following chart by inserting an "X" for each statement that is true. Cash dividend Stock dividend Stock split Decreases retained earnings Has no effect on a liability s paid-in capital by the amount that it decreases retained earnings es both total assets and total stockholders' equity effect on total stockholders" equity Choose from any drop-down list and then continue to the next question. 2 3 4 6 AI

Explanation / Answer

Answer:-

Particulars Cash Dividend Stock dividend Stock split Decreases retained earnings X X Has no effect on a liability X X X Increases paid-in-capital by the same amount that it decreases retained earnings X Decreases both total assets and total shareholder's equity X Has no effect on total stockholder's equity X X

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