Cash dividends decrease the assels and decrease the retained earnings ofa corporation. OTrue O False

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter14: Corporation Accounting
Section: Chapter Questions
Problem 14MC: Which of the following is true of a stock dividend? A. It is a liability. B. The decision to issue a...
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Cash dividends decrease the assels and decrease the refained earnings of a corporation
True
O False
Transcribed Image Text:Cash dividends decrease the assels and decrease the refained earnings of a corporation True O False
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