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    Intermediate Accounting Study Set 7
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    Exam 4: Review of the Accounting Cycle
  5. Question
    Jenner Corporation Paid Its Annual Dividend
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Jenner Corporation Paid Its Annual Dividend

Question 37

Question 37

Multiple Choice

Jenner Corporation paid its annual dividend. This transaction represents a(n) ________.


A) liability
B) distribution to shareholders
C) loss
D) expense

Correct Answer:

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