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Subject - Accounting:

Financial Accounting

MCQ - 138-140

Question:

A company declares a cash dividend to be paid to its stockholders next month. The effect of the transaction is to:

  1. Decrease assets and liabilities.
  2. Increase assets and stockholders' equity.
  3. Increase liabilities and decrease capital.
  4. Increase assets and stockholders' equity.

Correct Answer: C

Explanation:

Not required

Record Performance

355 MCQ for effective preparation of the test of Financial Accounting of Accounting section.

Read the MCQ statement: A company declares a cash dividend to be paid to its stockholders next month. The effect of the transaction is to: , keenly and apply the method you have learn through the video lessons for Financial Accounting to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 138-140.

How to Answer

Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

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