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ABC Corp paid out $60,000 in dividends. How will this be recorded in ABC's journal? Select an answer: a debit to dividends and a credit

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ABC Corp paid out $60,000 in dividends. How will this be recorded in ABC's journal? Select an answer: a debit to dividends and a credit to cash a credit to dividends and a debit to cash a credit to retained earnings and a credit to cash a credit to revenue and a debit to dividends

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