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Home Q & A Board Other Fields Homework Help Business Accounting
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bravata bravata
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7 years ago
On the date of payment:
A) debit Dividends and credit Retained Earnings.
B) debit Dividends Payable and credit Cash.
C) debit Cash and credit Dividends Payable.
D) debit Retained Earnings and credit Dividends Payable.
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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antonio_johnantonio_john
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Massachusetts Institute of Technology
-- Accounting

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bravata Author
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#2
6 years ago
Let me just say, you are awesome Smiling Face with Open Mouth
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