Identify the account to be decreased when there is a dividend declaration.

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter3: Analyzing And Recording Transactions
Section: Chapter Questions
Problem 27MC: What is the impact on the accounting equation when a sale occurs? A. both sides increase B. both...
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Identify the account to be decreased when there is a dividend declaration.

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