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Tomm Tomm
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Posts: 653
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7 years ago
Dividends paid to the shareholders when declared will:
A) increase assets and decrease liabilities
B) decrease assets and increase liabilities
C) have no effect on shareholders' equity
D) decrease assets and decrease shareholders' equity
Textbook 
Financial Accounting, Canadian Edition

Financial Accounting, Canadian Edition


Edition: 5th
Authors:
Read 84 times
1 Reply
ACC 925
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Answer verified by a subject expert
TheSinTheSin
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Posts: 380
7 years ago
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Tomm Author
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7 years ago
Smart ... Thanks!
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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2 hours ago
Just got PERFECT on my quiz
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