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Home Q & A Board Other Fields Homework Help Business Accounting
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Fast2F Fast2F
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Posts: 1470
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7 years ago
Declaration of a cash dividend was recorded by debiting Operations Expense and crediting Cash. This error would cause:
A) the period end net income to be understated.
B) the period end stockholders' equity to be understated.
C) the period end assets to be overstated.
D) None of the above is correct.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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keytwokeytwo
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#1
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7 years ago
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Fast2F Author
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7 years ago
Brilliant ツ
mambah4
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Yesterday
Helped a lot
ethom947
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2 hours ago
Correct Slight Smile TY
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