Question
Question: If a company distributes dividends to its shareholders, how does it impact the accounting equation? A) Increase in Assets B) Decrease in Liabilities C)
Question: If a company distributes dividends to its shareholders, how does it impact the accounting equation?
A) Increase in Assets
B) Decrease in Liabilities
C) Decrease in Equity
D) No impact on the accounting equation
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Financial Accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, J. Mather
8th Edition
0470929383, 978-0470929384
