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D Question 26 2.5 pts Castillo Services paid K. Castillo, the sole shareholder of Castillo Services, $5,800 in dividends during the current year. The entry
D Question 26 2.5 pts Castillo Services paid K. Castillo, the sole shareholder of Castillo Services, $5,800 in dividends during the current year. The entry to close the dividends account at the end of the year is: O Debit Retained Earnings $5,800; credit Dividends $5,800 Debit Income Summary $5,800; credit Retained Earnings $5,800 O Debit Retained Earnings $5,800; credit Salaries Expense $5,800 O Debit Dividends $5,800; credit Retained Earnings $5,800 O Debit Dividends $5,800; credit Cash, $5,800
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