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    Financial Accounting Study Set 26
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    Exam 8: Shareholders Equity
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    When a Cash Dividend Is Declared
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When a Cash Dividend Is Declared

Question 58

Question 58

Multiple Choice

When a cash dividend is declared:


A) the Retained Earnings account is credited
B) the Cash account is credited
C) the Retained Earnings account is debited
D) the Cash account is debited

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