EX 13-21 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:
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Stockholders’ |
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Assets |
Liabilities |
Equity |
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(1) Authorizing and issuing stock certificates |
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in a stock split |
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(2) Declaring a stock dividend |
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(3) Issuing stock certificates for the stock |
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dividend declared in (2) |
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(4) Declaring a cash dividend |
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(5) Paying the cash dividend declared in (4) |