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Describe the impact of recording the declaring of a cash

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Reference no: EM132419187

Problem: Describe the impact of recording the declaring of a cash dividend on 1) the balance sheet, 2) the income statement, 3) the statement of owners' equity and 4) the cash flow statement. Be specific in your response including accounts affected and direction of change of each account. Include all changes to the statements and classification on the cash flow statement. If there is no impact write NA 4 pts.

1. Balance sheet

2. Income statement

3. Statement of Owners Equity

4. Cash flow statement)

Reference no: EM132419187

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