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When communicating information to parents, what is best practice?
Dividends Declared
The announcement by a company’s board of directors of the payment of a specified amount per share to its shareholders, to be paid on a certain date.
Accounting Record
Documentation that contains the financial history and transactions of a company.
Shareholders' Equity
The amount of a company's total assets minus its total liabilities, representing the owners' share of the company.
Normal Balance
The side (debit or credit) on which increases to an account are recorded, based on the type of account.
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