Which of following transaction will not affect the balance of total assets? (A) pay stockholder cash dividend,

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Which of following transaction will not affect the balance of total assets?

(A) pay stockholder cash dividend, total $50,000

(B) pay $2,000 cash sales commissions to sales persons

(D) perform service for $1,000 cash

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Financial Accounting Theory

ISBN: 978-0132984669

7th edition

Authors: William R. Scott

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Posted Date: Feb 02, 2024 08:44 AM

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Which of following transaction will not affect the balance of total assets? (A) pay stockholder cash dividend,

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Lets look at each transaction and see whether it affects the total assets or not A Pay stockholder c... View the full answer

Financial Accounting Theory

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