Crafty Creations declared a $2,000 dividend on April 1. The effect on the accounting equation

would be:

choices:

-One asset decreases $2,000 and another asset increases $2,000 resulting in no effect

-Liabilities increase $2,000 and equity decreases $2,000

-Equity increases $2,000 and assets decrease $2.000.

-Equity decreases $2,000 and assets decrease $2.000.

-expenses decreases $2000 and asset increase $2000

Crafty Creations declared a $2,000 dividend on April 1. The effect on the accounting equation would be: One asset decreases $2,000 and another asset increases $2,000 resulting in no effect Liabilities increase $2,000 and equity decreases $2,000 Equity increases $2,000 and assets decrease $2,000. O Equity decreases $2,000 and assets decrease $2,000. O Expenses decrease $2,000 and assets increase $2,000