Explain the difference between the payment of cash dividends by a company and the withdrawal of cash

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Explain the difference between the payment of cash dividends by a company and the withdrawal of cash by a sole trader. What is the effect of each on assets? On equity? On profit?

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Accounting

ISBN: 978-1118608227

9th edition

Authors: Lew Edwards, John Medlin, Keryn Chalmers, Andreas Hellmann, Claire Beattie, Jodie Maxfield, John Hoggett

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Question Posted: Jun 18, 2019 10:59 AM

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Explain the difference between the payment of cash dividends by a company and the withdrawal of cash

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Cash dividends is a term used to designate the distribution of cash to the shareholders of ...View the full answer

Accounting

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