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  3. Study Set
    Accounting Principles
  4. Exam
    Exam 14: Corporations: Dividends, Retained Earnings, and Income Reporting
  5. Question
    The Amount of a Cash Dividend Liability Is Recorded on the Date
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The Amount of a Cash Dividend Liability Is Recorded on the Date

Question 180

Question 180

True/False

The amount of a cash dividend liability is recorded on the date of record because it is on that date that the persons or entities who will receive the dividend are identified.

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