Which transaction would not affect retained earnings?
$\begin{array}{ll}
\text { Issue preferred shares } & 1,500,500 \
\text { Issue common shares } & 2,300,000 \
\text { Declare dividends on common shares } & 100,500 \
\text { Stock split } & 400,000 \
\text { Skipping dividend payment on preferred shares } & 200,000
\end{array}$

Question

Which transaction would not affect retained earnings?
 $\begin{array}{ll}
\text { Issue preferred shares } & 1,500,500 \
\text { Issue common shares } & 2,300,000 \
\text { Declare dividends on common shares } & 100,500 \
\text { Stock split } & 400,000 \
\text { Skipping dividend payment on preferred shares } & 200,000
\end{array}$

Quizplus · Accepted Answer

The Answer of Which transaction would not affect retained earnings?
 $\begin{array}{ll}
\text { Issue preferred shares } & 1,500,500 \
\text { Issue common shares } & 2,300,000 \
\text { Declare dividends on common shares } & 100,500 \
\text { Stock split } & 400,000 \
\text { Skipping dividend payment on preferred shares } & 200,000
\end{array}$

Which Transaction Would Not Affect Retained Earnings