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Indicate on the Blanks Below the Effect (Increase,decrease,no Effect)of a Stock

Question 195

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Indicate on the blanks below the effect (increase,decrease,no effect)of a stock split on each of the items listed.

Premises:
Total contributed capital
Total retained earnings
Total number of shares outstanding
Par value per share
Assets
Balance of Common Stock account
Total stockholders' equity
Responses:
no effect
decrease
increase

Correct Answer:

Total contributed capital
Total retained earnings
Total number of shares outstanding
Par value per share
Assets
Balance of Common Stock account
Total stockholders' equity
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