Multiple Choice
On November 30, 2010, Kali Co. declared a $20,000 dividend to its stockholders. The entry to record this dividend would include a
A) debit to Dividends.
B) debit to Dividends Expense.
C) credit to Dividends.
D) credit to Dividends Expense.
E) credit to Retained Earnings.
Correct Answer:
Verified
Correct Answer:
Verified
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