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Jones Co. had a business transaction that was recorded in the general journal with the following entry: Dividends Cash 5,000 5,000 Which of the following
Jones Co. had a business transaction that was recorded in the general journal with the following entry: Dividends Cash 5,000 5,000 Which of the following correctly indicates the effects this event had on the company's financial statements? Assets Liabilities : Equity. Revenue Expense: Net Inc. Cash Flow N D N D D e Assets Liabilities Equity Revenue Expense Net Inc. Cash Flow D N D N N N D Assets Liabilities Equity Revenue Expense Net Inc. Cash Flow D N D N D D Assets Liabilities Equity Revenue Expense Net Inc. Cash Flow N N N N N N D
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