Multiple Choice
At October 1, Smithson Enterprises reported equity of $70,000.During October, no capital shares were issued and the company posted a net loss of $6,000.If equity at October 31 totals $64,000, what amount of dividends were made during the month?
A) $0
B) $2,000
C) $6,000
D) $21,000
Correct Answer:
Verified
Correct Answer:
Verified
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