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    Indicate whether the following actions would (+) increase, (-) decrease, or (0) not affect a company's total assets, liabilities, and stockholders' equity.

    Assets Liabilities Stockholders 'Equity
    (1) Declaring a cash dividend
    (2) Paying the cash dividend declared in (1)
    (3) Declaring a stock dividend
    (4) Issuing stock certificates for the stock dividend declared in (3)

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    https://brainmass.com/business/accounting-for-liabilities/total-assets-liabilities-stockholders-equity-446880

    Solution Preview

    (1)
    Declaring a cash dividend
    - No impact on Assets
    - Increases Liabilities (Dividends Payable)
    - ...

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    The solution does a great job of answering the question. The solution is brief and concise and very easy to follow along. All the steps are clearly shown. It can be easily understood by anyone with a basic understanding of the topic. Overall, an excellent solution.

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