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Question: Transaction Analysis. For each of the following transactions below, analyze the effect of the transaction on the account balances indicated. For each blank, indicate I (for increase), D (for decrease) or NE (for no effect)

1. Declaration and distribution of a 2 for 1 stock split.

2. Issue of common stock for more than par value.

3. Reissue of treasury stock for more than its cost.

4. Declaration of a cash dividend

5. Declaration of a 100% stock dividend.

6. Distribution of a 100% stock dividend previously declared.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M93068597

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