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What is the cumulative effect of the declaration and payment of a cash dividend on the basic accounting equation? Select one: a . decrease in
What is the cumulative effect of the declaration and payment of a cash dividend on the basic accounting equation?
Select one:
a decrease in assets; decrease in stockholders' equity
o increase in liabilities; increase in stockholders' equity
decrease in assets; increase in liabilities
d increase in assets; increase in stockholders' equity
e decrease in assets; decrease in liabilities
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