Select whether each of the following transactions increases

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.) Total Transaction Total Assets Total Liabilities Stockholders\" Equity Issue common stock Issue preferred stock Purchase treasury stock Sale of treasury stoclk Declare cash dividend Pay cash dividend 100% stock dividend 2-for-1 stock split

Solution

TOTAL ASSETS TOTAL LIABILITIES TOTAL STOCKHOLDERS EQUITY ISSUE COMMON STOCK + + ISSUE PREFERRED STOCK + + PURCHASE TREASURY STOCK + + SALE OF TREASURY STOCK - - DECLARE CASH DIVIDEND PAY CASH DIVIDEND - - 100% STOCK DIVIDEND 2-FOR 1 STOCK SPLIT