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    Business
  3. Study Set
    Century 21 Accounting
  4. Exam
    Exam 18: Acquiring Capital for Growth and Development
  5. Question
    The Closing Entry for the Dividends Account Includes a Credit
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The Closing Entry for the Dividends Account Includes a Credit

Question 4

Question 4

Multiple Choice

The closing entry for the Dividends account includes a credit to


A) Retained Earnings.
B) Dividends.
C) Income Summary.
D) Capital Stock-Common.

Correct Answer:

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