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1 points Save Ans During 2020, Blue Supplies Ltd.'s assets decreased $33,000, its liabilities decreased $41,000, its share capital increased $5.000, and Blue recorded net
1 points Save Ans During 2020, Blue Supplies Ltd.'s assets decreased $33,000, its liabilities decreased $41,000, its share capital increased $5.000, and Blue recorded net profit of $12,000. What was the amount of dividends declared in 2020? 0 $9,000 O $19,000 O $1,000 $12,000 In many cases, an entity may have an implicit obligation even if it is NOT explicitly noted in a sales contract. This is called a(n) O onerous obligation. o legal obligation. O earnings obligation O constructive obligation
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