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I wanted to see if I'm correct. I have down B The declaration of a cash dividend by the directors results in: a. a decrease
I wanted to see if I'm correct. I have down "B" The declaration of a cash dividend by the directors results in: a. a decrease in cash and a decrease in retained earnings. b. a decrease in retained earnings and an increase in current liabilities. c. a decrease in net income and a decrease in cash. d. a decrease in net income and an increase in current liabilities
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Financial Accounting
Authors: Jamie Pratt, Michael F Peters
11th Edition
1119745322, 978-1119745327
