Question: An entity declared a cash dividend on certain date, payable on another date. Which of the following is true about retained earnings account? Question 10Select

An entity declared a cash dividend on certain date, payable on another date. Which of the following is true about retained earnings account? Question 10Select one: a. Increase on the date of declaration b. Decrease on the date of payment c. Not be affected on the date of payment d. Not be affected on the date of declaration

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