XG Questos 7 Quit navigation Required It dividends are declared and paid in the same year, what is the net effect on the accounting equation? 1 | 2 Manado 100 10 | 11 12 Tag Questo Select one a Adecrease in Retained Earnings and an increase in Expenses A decrease in Cash and an increase in Expenses c. A decrease in Cash and an increase in Retained Earnings Od A decrease in Cash and a decrease in Retained Earnings Fins attempt Timele 0:56:49 Questo The author of your textbook for this course Understanding ancial Accounting Martes out of 1.00 Select one: a Kermit the Frog Smokat Joe Biden c. Moe and Jo Gunther d. Christopher Burney Q Question 9 Before the adjusting entry is made to record the bad debt expense for the current year a company shows a $15.000 debit balance in Allowance for Doubtful Accounts (AFDA), Required: What caused the AFDA balance to have an unadjusted debit balance? Marted out of 100 Flag Select one a The estimated bad debts expense in prior years was higher than the accounts we off b. The estimated bad debts expense in prior years' was lower than the accounts written of Cash colected from customer accounts was higher than estimated There was no wille off during the year