Which Statement Regarding Financial Statements Is True

Which statement regarding financial statements is true?

A) Dividends paid reduce the net income that is reported on a company's income statement.
B) If a company uses some of its bank deposits to buy short-term, highly liquid marketable securities, this will cause a decline in its current assets as shown on the balance sheet.
C) If a company issues new long-term bonds during the current year, this will increase its reported current liabilities at the end of the year.
D) If a company pays more in dividends than it generates in net income, its retained earnings as reported on the balance sheet will decline from the previous year's balance.