Question: On October 1 , Allison Corporation declared a $ 7 0 , 0 0 0 cash dividend to be paid on December 1 5 to

On October 1, Allison Corporation declared a $70,000 cash dividend to be paid on December 15 to shareholders of record on November 1. Which of the following shows how Allison's financial statements will be affected on October 1
On October 1, Allison Corporation declared a $70,000 cash dividend to

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