Question
Disney recorded a journal entry for $83,643 of dividends, a decrease of $31,273 in accounts receivable A/R, and the accrual of insurance expense of $11,324.
Disney recorded a journal entry for $83,643 of dividends, a decrease of $31,273 in accounts receivable A/R, and the accrual of insurance expense of $11,324. What is the net effect of these entries on stockholder's equity? Please explain what was added and subtracted to find net effect on SE.
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Applying IFRS Standards
Authors: Ruth Picker, Kerry Clark, John Dunn, David Kolitz, Gilad Livne, Jance Loftus, Leo Van Der Tas
4th Edition
1119159229, 9781119159223
