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Indicate How Each Event Affects Thefinancial Statements

Question 47

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Indicate how each event affects thefinancial statements. Use the following letters to record your answer in the box shown below. If an event increases one account and decreases another account equally within the same element, record I/D. If an event has no impact on the element, record NA.You do not need to enter dollar amounts
Vancouver Co. paid a $50,000 cash dividend to its shareholders two months after Vancouver declared the dividend.

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blured image Paying a dividend that was declared at ...

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