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On December 18, 2019, Seifert Corp. declared a $40,000 dividend to be paid on January 25, 2020 to shareholders of record on January 3, 2020.

On December 18, 2019, Seifert Corp. declared a $40,000 dividend to be paid on January 25, 2020 to shareholders of record on January 3, 2020. On which date will Seifert debit the Dividends account? Group of answer choices

January 25, 2020

December 18, 2019

December 31, 2019

January 3, 2020

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