In: Accounting
In the chart below, assign the directional effect (I = increase, D = decrease, or NE = no effect) of each of the following six transactions on the components of the book value of common shareholders’ equity.
a. Small stock dividend declared and issued.
b. 2-for-1 stock split announced and issued.
c. Stock options granted.
d. Recognition of compensation expense on stock options.
e. Stock options exercised.
f. Stock options expired.
Item |
Common Stock |
Additional Paid-In Capital |
Deferred Compensation |
Retained Earnings |
Treasury Stock at Cost |
Total Common Shareholders’ Equity |
a. |
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b. |
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c. |
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d. |
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e. |
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f. |