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    Fundamental Accounting Principles Study Set 3
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    Exam 13: Organization and Operation of Corporations
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    The Journal Entry to Record Distribution of a Cash Dividend
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The Journal Entry to Record Distribution of a Cash Dividend

Question 29

Question 29

Short Answer

The journal entry to record distribution of a cash dividend paid to common shareholders includes a debit to _____________________ and a credit to _________.

Correct Answer:

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