Explain the impact of declaration of cash dividend on accounting equation.

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter2: Introduction To Financial Statements
Section: Chapter Questions
Problem 12Q: Explain the purpose of the statement of cash flows and why this statement is needed.
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Explain the impact of declaration of cash dividend on accounting equation.

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