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A company paid $11,000 cash dividends to its investors. What would the effect of this transaction on the current year's accounting equation? No effect on

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A company paid $11,000 cash dividends to its investors. What would the effect of this transaction on the current year's accounting equation? No effect on Assets; $11,000 ecrease in Linbilities; $11,000 increase in Stockholders' Equity $11,000 decrease in Assets; $11,000 increase in Liabilities; No effect on Stockholders' Equity $11,000 decrease in Assets; No effect on Liabilities; $11,000 decrease in Stockbolders' Equity No effect on Assets, $11,000 increase in Liabilities; $11,000 decrease in Stockholders ' Equity

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