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Inside a prior thirty day period, staff of an organization performed function but were not paid out for that perform. In its place, they were being paid for the duration of the current thirty day period. The payment linked to that perform was $two,seven hundred. What's the impact on The present thirty day period earnings assertion of such activities?
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A business pays the stockholders a dividend of $700 all through The present accounting interval. What's the influence on the INCOME STATEMENT from this entry?
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