QUESTION 20 Paid $20,000 cash dividend to shareholders of the company What is the effect of this transaction on the accounting equation? decreases an asset $20,000, increases a liability $20,000 QA B increases an asset $20,000, increases an equity S20,000 decreases an asset $20,000 decreases an equity $20,000 oc increases an asset $20,000, decreases an equity 520.000 OD