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    Financial Accounting Study Set 13
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    Exam 3: Operating Decisions and the Accounting System
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    If Golden Corporation Declared a Dividend to Its Shareholders Which
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If Golden Corporation Declared a Dividend to Its Shareholders Which

Question 80

Question 80

Multiple Choice

If Golden Corporation declared a dividend to its shareholders which has not been paid,this would


A) increase liabilities.
B) increase shareholders' equity.
C) decrease liabilities.
D) increase assets.

Correct Answer:

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