The payment of a dividend will reduce the following two accounts:
A) Common shares and cash.
B) Equity and cash.
C) Cash and dividends payable.
D) Retained earnings and dividends payable.
E) Equity and retained earnings.

Question

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The Answer of The payment of a dividend will reduce the following two accounts:
A) Common shares and cash.
B) Equity and cash.
C) Cash and dividends payable.
D) Retained earnings and dividends payable.
E) Equity and retained earnings.

The Payment of a Dividend Will Reduce the Following Two