Select the One Term That Best Fits Each Definition

Multiple Choice

Select the one term that best fits each definition
-Action by a board of directors to distribute corporate earnings to stockholders.

A) board of directors
B) credit memorandum
C) debit memorandum
D) declaring a dividend
E) dividends
F) general journal
G) purchases allowance
H) purchases return
I) retained earnings
J) sales allowance
K) sales return