ABC Company distributes a $2,000 cash dividend to the stockholders. What is the effect on...
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Accounting
ABC Company distributes a $ cash dividend to the stockholders. What is the effect on the accounting equation? A Assets decrease by $ and equity decreases by $ B Assets decrease by $ and liabilities decrease by $ C Assets increase by $ and equity increases by $ D The amount of total assets remains the same.
ABC Company distributes a $ cash dividend to the stockholders. What is the effect on the
accounting equation?
A Assets decrease by $ and equity decreases by $
B Assets decrease by $ and liabilities decrease by $
C Assets increase by $ and equity increases by $
D The amount of total assets remains the same.
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