Multiple Choice
Budke Corporation paid dividends of $5,000.As a result of this event, the
A) Dividends account was increased by $5,000.
B) Dividends account was decreased by $5,000.
C) Cash account was increased by $5,000.
D) Cash account was increased and the Dividends account was decreased by $5,000.
Correct Answer:
Verified
Correct Answer:
Verified
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