Cash dividends cause a decrease in both assets and stockholders' equity of the corporation
Indicate whether the statement is true or false
TRUE
Business
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If the sum of the debit column equals the sum of the credit column in a trial balance, it indicates
A. no errors have been made. B. no errors can be discovered. C. that all accounts reflect correct balances. D. the mathematical equality of the accounting equation.
Business
Foreign sourcing, exporting, and foreign production comprise the three ways that firms engage in international business.
a. true b. false
Business