Question
Cash dividends of $86,899 were declared during the year. Cash dividends payable were $9,897 at the beginning of the year and $13,037 at the end
Cash dividends of $86,899 were declared during the year. Cash dividends payable were $9,897 at the beginning of the year and $13,037 at the end of the year. The amount of cash paid for dividends during the year is
a.$86,899
b.$99,936
c.$77,002
d.$83,759
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Principles of Financial Accounting
Authors: Belverd E. Needles, Marian Powers
12th edition
978-1133940562, 1133940560, 978-1285608464, 1285608461, 1133939287, 978-0357693605, 978-1285607047, 128560704X, 978-1133939283
