Effect of cash dividend and stock split - affect indigo


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'


Assets

Liabilities

Equity

(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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Accounting Basics: Effect of cash dividend and stock split - affect indigo
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