Jiminez Company paid a $300 cash dividend. Which of the following choices accurately reflects how this event affects the company's financial statements? $$\begin{array} { | l | l | l | l | l | l | l | l | l | l | l |}
\hline \text { Assets } & = & \text { Liab. } & + & \text { Equity } & \text { Rev. } & - & \text { Exp. } & = & \text { Net Inc. } & \text { Cash Flow } \
\hline
\end{array}$$
D) $$\begin{array} { | l | l | l | l | l | l | l | l | l | l | l |} \hline ( 300 ) & = & \text { NA } & + & ( 300 ) & \text { NA } & - & \text { NA } & = & \text { NA } & \text { (300) OA } \ \hline \end{array}$$

Question

Jiminez Company paid a $300 cash dividend. Which of the following choices accurately reflects how this event affects the company's financial statements? $$\begin{array} { | l | l | l | l | l | l | l | l | l | l | l |} 
\hline \text { Assets } & = & \text { Liab. } & + & \text { Equity } & \text { Rev. } & - & \text { Exp. } & = & \text { Net Inc. } & \text { Cash Flow } \
\hline
\end{array}$$
D) $$\begin{array} { | l | l | l | l | l | l | l | l | l | l | l |} \hline ( 300 ) & = & \text { NA } & + & ( 300 ) & \text { NA } & - & \text { NA } & = & \text { NA } & \text { (300) OA } \ \hline \end{array}$$

Quizplus · Accepted Answer

The Answer of Jiminez Company paid a $300 cash dividend. Which of the following choices accurately reflects how this event affects the company's financial statements? $$\begin{array} { | l | l | l | l | l | l | l | l | l | l | l |} 
\hline \text { Assets } & = & \text { Liab. } & + & \text { Equity } & \text { Rev. } & - & \text { Exp. } & = & \text { Net Inc. } & \text { Cash Flow } \
\hline
\end{array}$$
D) $$\begin{array} { | l | l | l | l | l | l | l | l | l | l | l |} \hline ( 300 ) & = & \text { NA } & + & ( 300 ) & \text { NA } & - & \text { NA } & = & \text { NA } & \text { (300) OA } \ \hline \end{array}$$

Jiminez Company Paid a $300 Cash Dividend A) B) C) D)

Jiminez Company Paid a $300 Cash Dividend A)

B)

C)

D)