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With Regards to the Dividends Payable and Dividends Accounts,one of the Closing

Question 232

Multiple Choice

With regards to the Dividends Payable and Dividends accounts,one of the closing entries required at year end,includes a:

A) credit to Retained Earnings.
B) credit to Dividends Payable.
C) debit to Dividends Payable.
D) debit to Retained Earnings.

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