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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asked Jul 5, 2023 179k views

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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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Emil Bode asked

by Emil Bode

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Answer: Equity will decrease by $7056598.

Explanation: above

Ivan Bolnikh answered Jul 9, 2023

by Ivan Bolnikh

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