Jiminez Company Paid a $300 Cash Dividend A) $\begin{array}{|l|l|l|l|l|l|l|l|l|l|l|}\text { NA } & =& 300 & +&300 & \text { NA } & - & 300 & =&300 & \text { NA } \\\hline\end{array}$

Multiple Choice

Jiminez Company paid a $300 cash dividend. Which of the following choices accurately reflects how this event affects the company's financial statements? $$\begin{array} { | l | l | l | l | l | l | l | l | l | l | l| } \hline \text { Assets } & = & \text { Liab. } & + & \text { Equity } & \text { Rev. } & - & \text { Exp. } & = & \text { Net Inc. } & \text { Cash Flow } \\\hline\end{array}$$

A)
$\begin{array}{|l|l|l|l|l|l|l|l|l|l|l|}\text { NA } & =& 300 & +&300 & \text { NA } & - & 300 & =&300 & \text { NA } \\\hline\end{array}$
B)
$\begin{array}{|l|l|l|l|l|l|l|l|l|l|l|}(300) &=&NA&+&(300) &NA&-& 300&=&(300) &(300) FA\\\hline\end{array}$
C)
$\begin{array}{|l|l|l|l|l|l|l|l|l|l|l|}\hline(300) & = & \mathrm{NA} & + & (300) & \mathrm{NA} & - & \mathrm{NA} & = & \mathrm{NA} & \text { (300) FA } \\\hline\end{array}$
D)
$\begin{array}{|l|l|l|l|l|l|l|l|l|l|l|}\hline(300) & = & \mathrm{NA} & + & (300) & \mathrm{NA} & - & \mathrm{NA} & = & \mathrm{NA} & (300) \mathrm{OA} \\\hline\end{array}$