Cerditors -52000 i) creditors for salary outstanding are to be recorded at ₹8000. Accounting for revolution of assets and liabilities
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Cash dividends do not affect a company's income statement. However, they shrink a company's shareholders' equity and cash balance by the same amount. Firms must report any cash dividend as payments in the financing activity section of their cash flow statement.
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Cash divided do not affect a company statement ..
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