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During the year, Dixon Inc, reported net income of $3,008 million. The company declared dividends of $818 million. The closing entry for dividends would include

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During the year, Dixon Inc, reported net income of $3,008 million. The company declared dividends of $818 million. The closing entry for dividends would include which of the following? Select one: Debt Dividends for $818 milion O Credit Cath for sin milion O Credit Dividends for 58 son Credit and caring for 51810 milion O Debit Net income for station

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