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Seaside Co. paid $2,000 in dividends to stockholders. How does this transaction affect the accounts of Seaside? a. Cash will decrease by $2,000, and Dividend Expense will increase by $2,000. b. Cash will decrease by $2,000, and Dividend Revenue will decrease by $2,000. c. Cash will decrease by $2,000, and Retained Earnings will decrease by $2,000. d. Dividend Revenue will decrease by $2,000, and Dividend Expense will increase by $2,000.
Sagot :
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