Solved

On December 31, Scott Corporation Paid Shareholders a $13,000 Cash

Question 73

Multiple Choice

On December 31, Scott Corporation paid shareholders a $13,000 cash dividend. The entry by Scott Corporation to record the transaction would include

A) A debit to Cash
B) A credit to Dividends
C) A debit to Dividends
D) A debit to Capital Stock

Related Questions

Q68: Marbletop, Inc. had the following transactions during

Q69: If a company purchased equipment by borrowing

Q70: Using the format provided, for each account

Q71: The purchase of supplies with cash would

Q72: During the period, Williams Company completed the

Q74: Business documents are used as records of

Q75: Which of the following groups of accounts

Q76: During July 2013, Hasan Corporation incurred but

Q77: Which of the following is NOT a

Q78: Usually, when accounts receivable are collected, an