If a company paid $900 in cash dividends this period, the entry to close the Dividends account

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If a company paid $900 in cash dividends this period, the entry to close the Dividends account is:

a. Dividends. ................... 900

b. Retained Earnings .........900

c. Retained Earnings ......... 900

d. Dividends ......... 900

e. No entry required.

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Financial And Managerial Accounting

ISBN: 9781260728774

9th Edition

Authors: John J. Wild

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Question Posted: Jan 11, 2024 09:03 AM

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If a company paid $900 in cash dividends this period, the entry to close the Dividends account

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Financial And Managerial Accounting

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