For the Following Transaction,identify the Type of Change That Would

question 71

Multiple Choice

For the following transaction,identify the type of change that would have occurred in the accounting equation: Assets = Liabilities + Issued Capital + Opening retained profits + Revenue - Expenses - Dividends
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The company received cash dividends on investments.

• A) A liability increased and another liability decreased.
• B) An asset decreased and a liability decreased.
• C) An asset increased and revenue increased.
• D) An asset increased and equity increased.

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Definitions:

Gender Lines

The distinctions or divisions made between genders, often referring to societal roles, behaviors, and expectations associated with being male or female.

Cooperative Pattern

A social arrangement or strategy where individuals or groups work jointly towards a common end.

Sex Configuration

The combination of biological, physiological, and social factors that determine the sex roles and gender identities within a society.

Low-Impact Commercial Trade

Trading activities that are designed to have a minimal negative impact on the environment and local communities.