Multiple Choice
Tropical Co.declared a cash dividend of $30,000.The entry includes a(n)
A) decrease to Cash of $30,000.
B) increase to Retained Earnings of $30,000.
C) decrease to Retained Earnings of $30,000.
D) decrease to Cash Dividend Payable of $30,000.
Correct Answer:
Verified
Correct Answer:
Verified
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