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7 When payment for cash dividends is made, the transaction would be a: Credit to Dividend Expense and a credit to Cash Debit to Dividend
7 When payment for cash dividends is made, the transaction would be a: Credit to Dividend Expense and a credit to Cash Debit to Dividend Expense and a credit to Cash O Credit to Dividend Payable and a credit to Cash Debit to Dividend Payable and a credit to Cash QUESTION 8 Partners' withdrawals of assets are: Credited to their withdrawals accounts Debited to their withdrawals accounts Credited to their retained earnings Debited to their retained earnings
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