For each of the following events affecting the stockholders’ equity of Noland, indicate whether the event would: increase retained earnings

Match each of the following accounts to its proper balance sheet classification.

Retained earnings Long-term investments Current assets Current liabilities Property, plant, and equipment Common stock Intangible assets Long-term liabilities		Accounts payable
Intangible assets Retained earnings Current assets Current liabilities Long-term liabilities Property, plant, and equipment Long-term investments Common stock		Accounts receivable
Property, plant, and equipment Current liabilities Retained earnings Common stock Intangible assets Current assets Long-term investments Long-term liabilities		Accumulated depreciation
Common stock Current liabilities Long-term investments Current assets Intangible assets Long-term liabilities Property, plant, and equipment Retained earnings		Buildings
Long-term investments Long-term liabilities Property, plant, and equipment Retained earnings Intangible assets Current assets Current liabilities Common stock		Cash
Intangible assets Current assets Retained earnings Current liabilities Long-term investments Long-term liabilities Property, plant, and equipment Common stock		Goodwill
Long-term liabilities Current assets Common stock Property, plant, and equipment Retained earnings Current liabilities Intangible assets Long-term investments		Income taxes payable
Long-term liabilities Intangible assets Retained earnings Property, plant, and equipment Current assets Current liabilities Common stock Long-term investments		Investment in long-term bonds
Long-term investments Intangible assets Retained earnings Long-term liabilities Common stock Current assets Current liabilities Property, plant, and equipment		Land
Current liabilities Long-term investments Long-term liabilities Current assets Property, plant, and equipment Common stock Intangible assets Retained earnings		Inventory
Common stock Retained earnings Current assets Long-term liabilities Property, plant, and equipment Intangible assets Current liabilities Long-term investments		Patent
Long-term liabilities Property, plant, and equipment Intangible assets Current assets Current liabilities Common stock Retained earnings Long-term investments		Supplies

For each of the following events affecting the stockholders’ equity of Noland, indicate whether the event would: increase retained earnings, decrease retained earnings, increase common stock, or decrease common stock.

(a)		Decrease Common Stock Decrease Retained Earnings Increase Retained Earnings Increase Common Stock		Issued new shares of common stock
(b)		Decrease Retained Earnings Increase Retained Earnings Increase Common Stock Decrease Common Stock		Paid a cash dividend
(c)		Decrease Retained Earnings Increase Common Stock Decrease Common Stock Increase Retained Earnings		Reported net income of $75,000
(d)		Increase Common Stock Decrease Retained Earnings Increase Retained Earnings Decrease Common Stock		Reported net loss of $20,000