A company declares and pays a dividend of 10 cents per share on 50 000 shares. What

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A company declares and pays a dividend of 10 cents per share on 50 000 shares. What is the effect on each of the following?

(i) total assets

(ii) total liabilities

(iii) expenses for the year

(iv) shareholders’ equity

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Fundamentals Of Accounting And Financial Management

ISBN: 9780170454797

8th Edition

Authors: Professor Ken Trotman, Kerry Humphreys

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