Multiple Choice
The entry to record the payment of a cash dividend previously declared includes a debit to:
A) Retained Earnings and a credit to Dividends Payable.
B) Dividends Payable and a credit to Cash.
C) Cash and a credit to Dividends Payable.
D) Retained Earnings and a credit to Cash.
Correct Answer:
Verified
Correct Answer:
Verified
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