Indicate how each event affects the elements of financial statements.Use the following letters to record your answer in the box shown below each element.Use only one letter for each element.You do not need to enter amounts.

-Vancouver Co.paid a $50,000 cash dividend to its shareholders on July 5,2016,which was 2 months after Vancouver declared the dividend.

Question

Indicate how each event affects the elements of financial statements.Use the following letters to record your answer in the box shown below each element.Use only one letter for each element.You do not need to enter amounts.
 
-Vancouver Co.paid a $50,000 cash dividend to its shareholders on July 5,2016,which was 2 months after Vancouver declared the dividend.

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The Answer of Indicate how each event affects the elements of financial statements.Use the following letters to record your answer in the box shown below each element.Use only one letter for each element.You do not need to enter amounts.
 
-Vancouver Co.paid a $50,000 cash dividend to its shareholders on July 5,2016,which was 2 months after Vancouver declared the dividend.

Indicate How Each Event Affects the Elements of Financial Statements