Use the words "no effect," "increase," or "decrease" to indicate the effects of stock dividends and stock splits on the following items:
$$\begin{array} { | l | l | l | }
\hline & \text { Stock Split } & \text { Stock Dividend } \
\hline \text { Retained earnings account } & & \
\hline \text { Total shareholders' equity } & & \
\hline \text { Number of shares authorized } & & \
\hline \text { Number of shares issued } & & \
\hline \text { Total assets and liabilities } & & \
\hline \text { Common shares amount } & & \
\hline
\end{array}$$

Question

Use the words "no effect," "increase," or "decrease" to indicate the effects of stock dividends and stock splits on the following items:
 $$\begin{array} { | l | l | l | } 
\hline & \text { Stock Split } & \text { Stock Dividend } \
\hline \text { Retained earnings account } & & \
\hline \text { Total shareholders' equity } & & \
\hline \text { Number of shares authorized } & & \
\hline \text { Number of shares issued } & & \
\hline \text { Total assets and liabilities } & & \
\hline \text { Common shares amount } & & \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of Use the words "no effect," "increase," or "decrease" to indicate the effects of stock dividends and stock splits on the following items:
 $$\begin{array} { | l | l | l | } 
\hline & \text { Stock Split } & \text { Stock Dividend } \
\hline \text { Retained earnings account } & & \
\hline \text { Total shareholders' equity } & & \
\hline \text { Number of shares authorized } & & \
\hline \text { Number of shares issued } & & \
\hline \text { Total assets and liabilities } & & \
\hline \text { Common shares amount } & & \
\hline
\end{array}$$

Use the Words "No Effect," "Increase," or "Decrease" to Indicate