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    Financial and Managerial Accounting Study Set 7
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    Exam 16: Accounting for Business Transactions
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    A Company Paid $100 in Cash Dividends
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A Company Paid $100 in Cash Dividends

Question 129

Question 129

Essay

A company paid $100 in cash dividends. Set up the necessary T-accounts below and show how this transaction would be recorded directly in those accounts.

A company paid $100 in cash dividends. Set up the necessary T-accounts below and show how this transaction would be recorded directly in those accounts.

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