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Andes, Inc. pays its shareholders a dividend of $10,000. What journal entry should Andes, Inc. record? Group of answer choices a. DR: Stock 10,000; CR:

Andes, Inc. pays its shareholders a dividend of $10,000. What journal entry should Andes, Inc. record?

Group of answer choices

a. DR: Stock 10,000; CR: Cash 10,000

b. DR: Cash 10,000; CR: Dividend 10,000

c. DR: Asset 10,000; CR: Equity 10,000

d. DR; Dividend 10,000; CR: Cash 10,000

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Question

Andes, Inc. pays its shareholders a dividend of $10,000. What journal entry should Andes, Inc. record? Group of answer choices a. DR: Stock 10,000; CR:

Andes, Inc. pays its shareholders a dividend of $10,000. What journal entry should Andes, Inc. record? Group of answer choices a. DR: Stock 10,000; CR: Cash 10,000 b. DR: Cash 10,000; CR: Dividend 10,000 c. DR: Asset 10,000; CR: Equity 10,000 d. DR; Dividend 10,000; CR: Cash 10,000

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Andes, Inc. pays its shareholders a dividend of $10,000. What journal entry should Andes, Inc. record?

Group of answer choices

a. DR: Stock 10,000; CR: Cash 10,000

b. DR: Cash 10,000; CR: Dividend 10,000

c. DR: Asset 10,000; CR: Equity 10,000

d. DR; Dividend 10,000; CR: Cash 10,000