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13. A company initially has 20,000 of assets, 5,000 of liabilities and 15,000 of owner's equity. The company paid out a dividend to 3 of
13. A company initially has 20,000 of assets, 5,000 of liabilities and 15,000 of owner's equity. The company paid out a dividend to 3 of its partners for $1,000 each. What happens in the accounting equation? Assets Liabilities Owner's Equity
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Principles Of Accounting Volume 2 Managerial Accounting
Authors: OpenStax
1st Edition
0357364805, 9780357364802
