Owners of Thibeau Industries,Carl and Stefanie,are sent a dividend check from the company.For this transaction,what is the effect on the accounting equation for Thibeau Industries?
A) Assets decrease and stockholders' equity decreases.
B) Assets increase and stockholders' equity increases.
C) Liabilities increase and stockholders' equity decreases.
D) Liabilities increase and stockholders' equity decreases
Correct Answer:
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