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26 August, 02:56

The declaration and payment of a dividend by a corporation causes: Select one:

A. A decrease in assets and a decrease in common stock

B. A decrease in assets and an increase in retained earnings

C. A decrease in assets and a decrease in retained earnings

D. A decrease in assets and a decrease in liabilities.

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Answers (1)
  1. 26 August, 05:50
    0
    c

    Explanation:

    it causes a decrease in assets and a decrease in retained earnings
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