Multiple Choice
If the opening balance of dividends payable is $120 000 and the closing balance is $90 000,and dividends declared at the end of the period are $50 000,how much cash was paid for dividends in that period?
A) $0
B) $80 000
C) $20 000
D) $40 000
Correct Answer:
Verified
Correct Answer:
Verified
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