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  3. Study Set
    Principles of Accounting
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    Exam 12: Contributed Capital
  5. Question
    Dividends Payable Is Closed by Transferring It to Retained Earnings
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Dividends Payable Is Closed by Transferring It to Retained Earnings

Question 97

Question 97

True/False

Dividends Payable is closed by transferring it to Retained Earnings at the end of the period.

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