Dividends and interest expense both decrease owners equity. Is a dividend an expense? Explain. What are the

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Dividends and interest expense both decrease owners’ equity. Is a dividend an expense? Explain. What are the similarities and differences between interest expense and dividends?

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Financial Accounting A Decision Making Approach

ISBN: 9780471328230

2nd Edition

Authors: Thomas E. King, Valdean C. Lembke, John H. Smith

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