Multiple Choice
Fischers, Inc. paid $1,200 of dividends. The journal entry would require:
A) debit to Cash, credit to Dividends
B) debit to Dividends, credit to Cash.
C) debit to Dividends, credit to Accounts Payable
D) debit to Accounts Payable, credit to Dividends
Correct Answer:
Verified
Correct Answer:
Verified
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