When a corporation declares a cash dividend, which of the following is true?
A) cash decreases
B) liabilities decrease
C) stockholders' equity decreases
D) no entry is necessary
Correct Answer:
Verified
Q142: When a corporation pays a previously declared
Q143: When a corporation issues a small stock
Q144: The stockholders' equity section of the balance
Q145: If a corporation declares a 2-for-1 stock
Q146: When a corporation issues a stock dividend,
Q148: After a corporation declares a cash dividend,
Q149: If a corporation declares a 2-for-1 stock
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