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    Exam 5: Completing the Accounting Cycle Closing and Reversing Entries
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    Declared Dividends Are Recognised As
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Declared Dividends Are Recognised As

Question 50

Question 50

Multiple Choice

Declared dividends are recognised as:


A) a reduction in share capital.
B) a reduction in retained earnings.
C) an expense
D) an asset.

Correct Answer:

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