Circe Corp. declared a $50,000.Cash dividend on July 1, 2020, with the related information: Ex-Dividend Date: July

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Circe Corp. declared a $50,000.Cash dividend on July 1, 2020, with the related information: Ex-Dividend Date: July 14, 2020 Date of Record: July 15, 2020 Date of Payment: July 31, 2020.

For this transaction, would Circe Corp.'s cash balance increase, decrease, or remain unchanged on each listed date?

Related Book For answer-question

Accounting Principles

ISBN: 978-1119411482

13th edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Posted Date: Jul 19, 2023 05:13 AM

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Circe Corp. declared a $50,000.Cash dividend on July 1, 2020, with the related information: Ex-Dividend Date: July

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Accounting Principles

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