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Which of the following statements is true? Select the one correct answer: Dividend declared will increase the liability, and decrease the retained earnings. O Dividend

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Which of the following statements is true? Select the one correct answer: Dividend declared will increase the liability, and decrease the retained earnings. O Dividend paid will increase the asset, and decrease the retained earnings. Dividend declared will increase the liability, and increase the expense amount. O Dividend paid will be included in the Statement of Comprehensive Income of the financial period

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