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ycow [4]
3 years ago
12

Cash dividends reduce the stockholders' equity in the corporation. a. True b. False

Business
1 answer:
patriot [66]3 years ago
3 0
To answer the question above if cash dividends reduces the stockholders' equity in the corporation is letter A, TRUE, The stockholders' equity will decrease due to corporation's asset and retained earnings<span> decreases because of the dividend. On the other the income statement wont be affected by the declaration.</span>
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The journal entry is shown below.

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