27、Assume U.S. GAAP (generally accepted accounting principles) applies unless otherwise noted.
What is the effect on the accounting equation when Chamonix Inc. declares a cash dividend? A. Assets decrease and liabilities increase. B. Assets decrease and owners' equity decreases. C. Liabilities increase and owners' equity decreases. D. There is no effect on the accounting equation until the dividend is paid.
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发表于 2008-5-27 14:22
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