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a company has issued $1000 in dividends last year. The effect of this payment on the balance sheet is: 1. liabilities will increase $1000 2.

a company has issued $1000 in dividends last year. The effect of this payment on the balance sheet is:

1. liabilities will increase $1000

2. net profit will decrease $1000

3. equity will decrease $1000

4. expenses will increase $1000

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