Multiple Choice
A business pays cash for dividends. Which of the following accounts is credited?
A) Common Stock
B) Dividends
C) Cash
D) Retained Earnings
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q78: A trial balance is a list of
Q83: A business makes a cash payment of
Q91: Debit is abbreviated as DE and Credit
Q131: A business receives $40,000 for services that
Q135: What are two ways in which a
Q155: The following are the current month's
Q158: The Accounts Payable account of Waterford,
Q162: In reviewing the T-account for Accounts Payable,
Q164: For Retained Earnings, the category of account
Q197: A business repays the amount borrowed on