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    Survey of Accounting Study Set 2
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    Exam 2: Basic Accounting Concepts
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    For EFG Co
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For EFG Co

Question 66

Question 66

Multiple Choice

For EFG Co. ,the transaction "Payment of dividends" would


A) increase total assets.
B) decrease total assets.
C) have no effect on total assets.
D) increase stockholders' equity.

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