Owners of Tri-States Industries, Ralph and Maureen, are sent a dividend check from the company. For this transaction, what is the effect on the accounting equation for Tri-States Industries?
a. Assets decrease and stockholders' equity decreases.
b. Assets increase and stockholders' equity increases.
c. Liabilities increase and stockholders' equity decreases.
d. Liabilities increase and stockholders' equity decreases.
a
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Indicate whether the statement is true or false
Briefly define internal and external validity
What will be an ideal response?
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Fill in the blank(s) with the appropriate word(s).
Getting rid of false subjects can make your writing ____________
a. difficult to interpret b. long-winded c. unprofessional sounding d. more concise