Secure https//www.math Test.aspxntestld 100132679 centerwin-yes ACC 2223-2nd Pd

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Secure https//www.math Test.aspxntestld 100132679 centerwin-yes ACC 2223-2nd Pd #1088 tye, pace I 1B/18 2.21 PM Test: Ch 13 Exam Spring 18 This Question: 15 pts sor 8 (1 compere) This Test: 179 pts possible Complete the following chart by Inserting an x for each slatement that is true Cash dividend Stock dividend Sock split ecreases retained earnings las no effect on a liability eases paid in capital by the amount that it decreases etained eamings ecreases both total assets and stockholders equity las no eflect on total stockholders' equity oose from any drop-down list and then continue to the next question Ty pe here to search

Explanation / Answer

    Cash Dividend

       Stock Dividend

       Stock split

Decreases retained earnings

                 X

                 X

Has no effect on a liability

                 X

                 X

               X

Increase paid in capital by the same amount that it decreases retained earnings

                 X

Decreases both total assets and total stockholder's equity

               X

Has no effect on total stockholders equity

                 X

              X

    Cash Dividend

       Stock Dividend

       Stock split

Decreases retained earnings

                 X

                 X

Has no effect on a liability

                 X

                 X

               X

Increase paid in capital by the same amount that it decreases retained earnings

                 X

Decreases both total assets and total stockholder's equity

               X

Has no effect on total stockholders equity

                 X

              X

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