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13 April, 00:30

The declaration and payment of a dividend by a corporation causes: Select one:

A. A decrease in assets and a decrease in common stock

B. A decrease in assets and an increase in retained earnings

C. A decrease in assets and a decrease in retained earnings

D. A decrease in assets and a decrease in liabilities.

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Answers (1)
  1. 13 April, 00:53
    0
    c

    Explanation:

    it causes a decrease in assets and a decrease in retained earnings
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