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Indicate How Each Event Affects Thefinancial Statements

Question 90

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Indicate how each event affects thefinancial statements. Use the following letters to record your answer in the box shown below. If an event increases one account and decreases another account equally within the same element, record I/D. If an event has no impact on the element, record NA.You do not need to enter dollar amounts Fort Worth Co. declared a cash dividend but has not yet paid the money to the shareholders.

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Declaring a cash dividend in...

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