Fen Company paid a $300 cash dividend. Which of the following shows how this event...

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Accounting

Fen Company paid a $300 cash dividend. Which of the following shows how this event will affect the companys accounting equation? The letters NA indicate that the component of the equation is not affected.
Assets=Liabilities+Common Stock+Retained EarningsA.($300)=NA+NA+($300)B.($300)=($300)+NA+NAC.$300=NA+NA+$300D.($300)=NA+($300)+NA
Multiple Choice
Option A
Option B
Option C
Option D

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