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When a company pays a previously declared cash dividend: a.equity decreases b. liabilities decrease c. cash increases d. no entry is necessary
When a company pays a previously declared cash dividend:
a.equity decreases
b. liabilities decrease
c. cash increases
d. no entry is necessary
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Core Concepts Of Accounting Information Systems
Authors: Mark G. Simkin, Carolyn A. Strand Norman, Scott Paquette
1st Canadian Edition
