A Company Declared and Paid Dividends of $1,300

question 100

Multiple Choice

A company declared and paid dividends of $1,300.How does this transaction affect the accounting equation?

• A)Add $1,300 to Revenue and add $1,300 to Cash.
• B)Add $1,300 to Dividends and add $1,300 to Accounts Receivable.
• C)Subtract $1,300 from Retained Earnings and subtract $1,300 from Cash.
• D)Add $1,300 to Dividend Expense and subtract $1,300 from Cash.

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Definitions:

Rapid Breathing

An increased rate of respiration, which may occur due to exercise, stress, or medical conditions.

Internal Factor

An element within an organization or system that can affect its performance and outcomes.

Blood Pressure

The force exerted by circulating blood upon the walls of blood vessels, usually measured in the arteries.

Diastolic Pressure

The blood pressure measured when the heart relaxes.