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When a dividend has been declared but not yet paid

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Reference no: EM132761512

Problem 1: When a dividend has been declared but not yet paid

Multiple Choice

Option 1: the balance sheet will not change until the dividend is paid.

Option 2: liabilities will increase and shareholders' equity will decrease.

Option 3: assets will increase and shareholders' equity will decrease.

Option 4: assets will decrease and shareholders' equity will increase

Reference no: EM132761512

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