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Indicate Whether Each of the Following Statements About Financial Statements

Question 125

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Indicate whether each of the following statements about financial statements is true or false.
_______ a) A cash dividend paid to stockholders is shown on the statement of cash flows.
_______ b) A cash dividend paid to stockholders is shown on the statement of changes in stockholders' equity.
_______ c) A cash dividend paid to stockholders is shown on the income statement.
_______ d) Among other things, the balance sheet shows how a company got its cash.
_______ e) Changes in retained earnings for the accounting period are shown on the income statement.

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a) True b) True c) False d) False e) Fal...

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