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Paying a Dividend to the Company's Stockholders Would Include a Debit

Question 124

Multiple Choice

Paying a dividend to the company's stockholders would include a debit to:


A) Cash and a credit to Dividends.
B) Dividends and a credit to Cash.
C) Retained Earnings and a credit to Cash.
D) Accounts Payable and a credit to Retained Earnings.

Correct Answer:

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