Business, 31.12.2019 02:31 lilytimpsonx

Use i = increase, d = decrease, or n = no effect, to indicate the effect on retained earnings for each of the listed transactions.

a net loss for the year.

a stock split effected in the form of a stock dividend.

a stock split in which the par per share is reduced (but not effected in the form of a stock dividend).

declaration of a 5% stock dividend.

declaration of a cash dividend.

issue stock for noncash assets.

payment of previously declared cash dividend.

retirement of common stock at a cost greater than the original issue price.

retirement of common stock at a cost less than the original issue price.

resale of treasury stock for less than carrying value assuming no previous treasury stock sales.

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Use i = increase, d = decrease, or n = no effect, to indicate the effect on retained earnings for ea...