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the chester company has just issued $7,056,598 in dividends last year. the effect of this payment on the balance sheet is:
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22 votes
the chester company has just issued $7,056,598 in dividends last year. the effect of this payment on the balance sheet is:

User Mustafa J
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1 Answer

17 votes
17 votes

Answer: Equity will decrease by $7056598.

Explanation: above

User Andrey Taptunov
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