Determine the Effect of the Following Transactions on the Identified

Determine the effect of the following transactions on the identified financial statement components and ratios. Code your answers as follows:
A: If the transaction results in an increase in the financial statement component or ratio.
B: If the transaction results in a decrease in the financial statement component or ratio.
C. If the transaction does not affect the financial statement component or ratio.
Transaction 1: A company accrued interest expense at year-end.
Net income_____
Assets_____
Stockholders' equity_____
Asset turnover ratio_____
Transaction 2: A company declared and paid dividends to stockholders.
Net income_____
Assets_____
Stockholders' equity_____
Return on assets ratio_____