When the Board of Directors Declares a $500 Dividend,which of the Following

question 40

Multiple Choice

When the board of directors declares a $500 dividend,which of the following would be included in recording the transaction?

• A)increase in Retained Earnings,increase in Dividends Declared
• B)decrease in Cash,decrease in Dividends Payable
• C)increase in Dividends Declared,increase in Dividends Payable
• D)decrease in Dividends Payable,increase in Cash

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Definitions:

Bleaching

The process of removing color from a substance, often through chemical means, which can also refer to the destruction of coral coloration due to environmental stress like warm sea temperatures.

Mudflat

Flat, muddy areas found in coastal environments and estuaries, exposed at low tide and flooded at high tide, serving as important feeding and breeding grounds for numerous species.

Bacterial Biofilms

Complex communities of bacteria that adhere to surfaces and are encased in a self-produced protective matrix, often leading to increased resistance to antibiotics and disinfectants.

Estuaries

Coastal water bodies where freshwater from rivers and streams mixes with saltwater from the ocean, fostering high biological diversity and productivity.