Question 26 Failure to record the declaration and distribution of a share dividend would Not yet answered Marked out of 1.00 Flag question Select one: O A. Cause an overstatement of equity O B . Have no effect on total equity C. Cause the balance sheet to be out of balance D. Cause the outstanding shares to exceed the equity E. Cause an understatement of equity 0 Question 27 The appropriate statement of cash flow activity category for the purchase of equipment for cash is Not yet answered Marked out of 1.00 Flag question Select one: O A. Financing O B. Operating O C. Not reported on the statement of cash flows O D . Investing O E. Schedule of noncash investing or financing activity