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Cash dividends are declared and paid to the shareholders of the corporation. How will this transaction affect the components of the accounting equation? Select one:
Cash dividends are declared and paid to the shareholders of the corporation. How will this transaction affect the components of the accounting equation?
Select one: a. Decrease an asset and decrease equity b. Increase an asset and decrease equity c. Decrease an asset and increase equity d. Increase an asset and increase equity
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