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Unformatted text preview: $6,272,000 Other ($195,000) Total stockholders' equity $7,939,000 Stock Splits Increase in shares coupled with a proportionate reduction in par value 2-for-1 split doubles the shares outstanding and halves the par value No entry made Description of stock changed on balance sheet Summary of Transaction Effects Assets = Liabilities + Equity Issue stock Increase No effect Increase Purchase treasury stock Decrease No effect Decrease Sell treasury stock Increase No effect Increase Declare cash dividend No effect Increase Decrease Pay cash dividend Decrease Decrease No effect Stock dividend No effect No effect No effect Stock split No effect No effect No effect...
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