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Boston Enterprises declared and paid a dividend of $11,000 this year. The entry to close the Dividend at the end of the year will include

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Boston Enterprises declared and paid a dividend of $11,000 this year. The entry to close the Dividend at the end of the year will include a debit to: Multiple Choice Dividends and a credit to Dividends Payable for $11,000. Dividends and a credit to Retained Earnings for $11,000. Dividends and a credit to Cash for $11,000. o Retained Earnings and a credit to Dividends for $11,000

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