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The declaration of a cash dividend by the directors results in: Multiple Choice a decrease in cash and a decrease in retained earnings. a
The declaration of a cash dividend by the directors results in: Multiple Choice a decrease in cash and a decrease in retained earnings. a decrease in retained earnings and an increase in current liabilities. a decrease in net income and a decrease in cash. a decrease in net income and an increase in current liabilities
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Correct Answer is Option B a decrease in retained earnings and an increase in current liabilities ...
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Accounting Introduction To Financial Accounting
Authors: Henry Dauderis, David Annand
1st Edition
1517089719, 978-1517089719
