[SOLVED] The Chester Company has just issued $6,493,586 in dividends last year.
The Chester Company has just issued $6,493,586 in dividends last year. The effect of this payment on the balance sheet is:
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- Net Profit will decrease $6,493,586
- Expenses will increase $6,493,586
- Equity will decrease $6,493,586
- Liabilities will increase $6,493,586
