When a dividend is paid in cash, the accounts debited and credited are a. Dividends Received and
Question:
When a dividend is paid in cash, the accounts debited and credited are
a. Dividends Received and Dividends Payable.
b. Cash and Dividends Payable.
c. Dividends Payable and Cash.
d. Common Stock and Cash.
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When a cash dividend is declared by the board of directors debit ...View the full answer
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Dudhat Vaidehi
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