The payment of dividends by Telstra, a telecommunication company, O A. increases Telstra's bank deposits. B. decreases the shares on issue. OC. decreases equity in Telstra shareholder's balance sheet. O D. decreases Telstra's accumulated retained profits O E. increases the shares issued by Telstra.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The payment of dividends by Telstra, a telecommunication company,
O A. increases Telstra's bank deposits.
B. decreases the shares on issue.
OC. decreases equity in Telstra shareholder's balance sheet.
D. decreases Telstra's accumulated retained profits
E. increases the shares issued by Telstra.
If the financial instrument that is issued is a share, the financial instrument is recorded as
in the balance sheet of the
investors.
O A. equity
B. accumulated retained profit
OC. liability
O D. bank deposits
O E. asset
Transcribed Image Text:The payment of dividends by Telstra, a telecommunication company, O A. increases Telstra's bank deposits. B. decreases the shares on issue. OC. decreases equity in Telstra shareholder's balance sheet. D. decreases Telstra's accumulated retained profits E. increases the shares issued by Telstra. If the financial instrument that is issued is a share, the financial instrument is recorded as in the balance sheet of the investors. O A. equity B. accumulated retained profit OC. liability O D. bank deposits O E. asset
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