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    Financial Accounting IFRS Study Set 1
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    Exam 11: Corporations: Organization, Share Transactions, Dividends, and Retained Earnings
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    On the Dividend Record Date
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On the Dividend Record Date

Question 119

Question 119

Multiple Choice

On the dividend record date,


A) a dividend becomes a current obligation.
B) no entry is required.
C) an entry may be required if it is a share dividend.
D) Dividends Payable is debited.

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