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33.The correct entry to record the declaration of a cash dividend of 10c a share calculated on 200 000 shares is: Group of answer choices
33.The correct entry to record the declaration of a cash dividend of 10c a share calculated on 200 000 shares is:
Group of answer choices
1.DR Retained earnings $20 000; CR Dividend payable $20 000
2.DR Bank $20 000; CR Share capital $20 000
3.DR Dividend payable $20 000; CR Retained earnings $20 000
4.DR Dividend payable $20 000; CR Bank $20 000
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