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dividends: are an expense of doing business are a legal obligation that a company must pay annually are reported only on the income statment of

dividends:
are an expense of doing business
are a legal obligation that a company must pay annually
are reported only on the income statment of retained earnings
are reported on the balance sheet
which of the following steps is performed first at the end of each accounting period?
prepare adjusting entries
prepard a post-closing trial balance
prepare closing journal entries
prepare the statment of retained earnings
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Dividends: Multiple Choice are an expense of doing business. O are a legal obligation that a company must pay annually. are reported only on the statement of retained earnings. ........: are reported on the balance sheet. Which of the following steps is performed first at the end of each accounting period? Multiple Choice Prepare adjusting entries. Prepare a post-closing trial balance. Prepare closing journal entries. Prepare the statement of retained earnings

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