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Awn Services paid a dividend of $8,700 during the current year. The entry to close the dividend account at the end of the year
Awn Services paid a dividend of $8,700 during the current year. The entry to close the dividend account at the end of the year is: A. Common Stock Dividends 8,700 8,700 B. Retained earnings 8,700 Dividends 8,700 C. Income Summary 8,700 Retained earnings 8,700 D. Dividends 8,700 Cash 8,700 E. Dividends 8,700 Retained earnings 8,700 O D. SOA. B. SOE.
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Forensic Accounting and Fraud Examination
Authors: Mary Jo Kranacher, Richard Riley, Joseph T. Wells
1st edition
047043774X, 978-0470437742
