Question Details

Direction of change cannot be determined




Match each item/event pair below with the indicated change in the item. An individual classification may be used more than once, or not at all. For each dividend, assume that both declaration and payment or distribution has occurred.
Classifications
A.	Item increases
B.	Item decreases
C.	Item is unchanged
D.	Direction of change cannot be determined

	Item	Event
____	1.	Par value per share	Stock split 
____	2.	Total retained earnings	Stock dividend
____	3.	Total stockholders’ equity	Prior period adjustment increases last year-
			net income
____	4.	Earnings per common share	Restriction of Retained Earnings
____	5.	Total retained earnings	Cash dividend
____	6.	Total paid-in capital	Stock dividend




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