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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:

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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4 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 Emil Bode
by
8.1k points

1 Answer

4 votes

Answer: Equity will decrease by $7056598.

Explanation: above

User Ivan Bolnikh
by
8.9k points
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