Cash dividends paid by a corporation OA. are an expense of the corporation that declared the dividend. OB. reduce the revenues of the corporation that declared the dividend. OC. reduce the retained earnings of the corporation that declared the dividend, i.e. a distribution of earnings OD. are a loss for the corporation that declared the dividend.

Cash dividends paid by a corporation OA. are an expense of the corporation that declared the dividend. OB. reduce the revenues of the corporation that declared the dividend. OC. reduce the retained earnings of the corporation that declared the dividend, i.e. a distribution of earnings OD. are a loss for the corporation that declared the dividend.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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