91Ó°ÊÓ

Indicate whether the following actions would \((+)\) increase, \((-)\) decrease, or \((0)\) not affect Indigo Inc.'s total assets, liabilities, and stockholders' equity: (1) Declaring a cash dividend (2) Paying the cash dividend (3) Austhorizing and issuing stock (4) Declaring a stock dividend (5) Issuing stock certificates for the stock dividend declared in (4)

The dates of importance in connection with a cash dividend of \(\$ 120,000\) on a corporation's common stock are February 13, March 15, and April 10. Journalize the entries required on each date.