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    Financial Accounting Study Set 5
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    Exam 12: Stockholders Equity
  5. Question
    The Dividends Account Is Closed by Transferring to Retained Earnings
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The Dividends Account Is Closed by Transferring to Retained Earnings

Question 109

Question 109

True/False

The Dividends account is closed by transferring to Retained Earnings at the end of the period.

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