Question
1. If a company pays dividends, which accounts would be used in the journal entry? (select all that apply) A. Debit cash B. Credit cash
1. If a company pays dividends, which accounts would be used in the journal entry? (select all that apply)
A. Debit cash
B. Credit cash
C. Debit dividends
D. Credit dividends
E. Debit Common Stock
F. Credit common stock
2.If a company accepts money from investors, which accounts would be used in the journal entry? (select all that apply)
A. Debit cash
B. Credit cash
C. Debit investments
D. Credit investments
E. Debit Common Stock
F. Credit Common Stock
3.If a company paid employees for their time worked, which accounts would be used in the journal entry? (select all that apply)
A. Debit cash
B.Credit cash
C.Debit wages expense
D.Credit wages expense
E. Debit wages receivable
F. Credit wages payable
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