Dividends paid: Group of answer choices increase assets. increase expenses. decrease revenues. decrease retained earnings.
Question
Solution 1
Dividends paid:
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Do not increase assets. Dividends are a distribution of a company's earnings to its shareholders. When dividends are paid, cash (an asset) decreases.
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Do not increase expenses. Dividends are not considered an expense. They are a distribution of profits to shareholders and do n Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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