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Home Q & A Board Other Fields Homework Help Business Accounting
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Fast2F Fast2F
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7 years ago
The payment of a cash dividend was debited to Retained Earnings and credited to Cash. This error would cause:
A) the period end liabilities to be overstated.
B) the period end stockholders' equity to be overstated.
C) the period end stockholders' equity to be understated.
D) Both A and C
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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keytwokeytwo
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7 years ago
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Fast2F Author
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#2
7 years ago
I wish I would have known about this service with my other classes.
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