Which of the Following Changes Describes the Distribution of $2,000

question 89

Multiple Choice

Which of the following changes describes the distribution of $2,000 of dividends to owners?

• A) Assets and net income decrease by $2,000.
• B) Assets decreases and net income increases by $2,000.
• C) Assets and shareholders' equity decrease by $2,000.
• D) Assets and liabilities decrease by $2,000.

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