Multiple Choice
A business pays cash for dividends.Which of the following accounts is debited?
A) Cash
B) Dividends
C) Accounts Payable
D) Common Stock
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q12: Which of the following is the final
Q28: A posting reference column is used _.<br>A)
Q49: "All debits are increases and all credits
Q92: After initially recording a transaction,the data is
Q94: A customer's promise to pay in the
Q113: A compound journal entry has more than
Q140: A business renders services to a client
Q144: A business collects cash from a customer
Q146: In a trial balance,total debits must always
Q147: A business makes a payment of $1,400