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At the end of the period, a company had salaries expense of $5,000. To close this account, which of the following statements is true? Dividends

At the end of the period, a company had salaries expense of $5,000. To close this account, which of the following statements is true? Dividends is debited for $5,000. Salaries Expense is debited for $5,000. Retained Earnings is credited for $5,000. Salaries Expense is credited for $5,000

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