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I tried to answer as much as i couould but i cannot figure out the numbers or the red boxes! Please and thank you :)
I tried to answer as much as i couould but i cannot figure out the numbers or the red boxes! Please and thank you :)
(a) Your Your answer is partially correct. Try again. Journalize the transactions. (Include entries to close net income and dividends to Retained Earnings.) (Record entries in the order displayed in the problem statement. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) DateAccount Titles and Explanation Debit Credit Jan. 15 Retained Earnings Dividends Payable Feb. 15| | Dividends Payable Cas Cash Apr. 15 Retained Earnings Common Stock Dividends Paid-in Capital in Excess o May 15 | | Common Stock DividendsStep by Step Solution
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