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Owners of Tri-States Industries,Ralph and Maureen,are Sent a Dividend Check

Question 10

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Owners of Tri-States Industries,Ralph and Maureen,are sent a dividend check from the company.For this transaction,what is the effect on the accounting equation for Tri-States Industries?


A) Assets decrease and stockholders' equity decreases.
B) Assets increase and stockholders' equity increases.
C) Liabilities increase and stockholders' equity decreases.
D) Liabilities decrease and stockholders' equity increases.

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