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Basic Design has a $54,000 balance in the dividends account at the end of the period. What would be the closing entry for the Dividends

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Basic Design has a $54,000 balance in the dividends account at the end of the period. What would be the closing entry for the Dividends account? A. Income Summary B. Income Summary C. Retained Eamings Dividends 54,000 54,000 D. Dividends 54,000 Retained Eamings 54,000

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