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A cash dividend will cause which of the following changes to occur in a companys accounting equation on the date of declaration? A: total assets

A cash dividend will cause which of the following changes to occur in a companys accounting equation on the date of declaration?
A: total assets will decrease
B: total earned capital will increase
C: total liabilities will decrease
D: none of the above
Date of record?
A: total assets will decrease
B: total earned capital will increase
C: total liabilities will decrease
D: none of the above

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