Would mega corp liabilities increase

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Mega Corp. declared a $50,000 cash dividend on July 1, 2020, with the following related information:

Ex-Dividend Date: July 14, 2020

Date of Record: July 15, 2020

Date of Payment: July 31, 2020

Problem 1: For this transaction, would Mega Corp's liabilities increase, decrease, or remain unchanged on each listed date?

Reference no: EM132672555

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