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On the date of dividend declaration, which of the following entries is recorded? Multiple Choice Debit Dividends; Credit Dividends Payable. Debit Dividends; Credit Cash. Debit

On the date of dividend declaration, which of the following entries is recorded? Multiple Choice Debit Dividends; Credit Dividends Payable. Debit Dividends; Credit Cash. Debit Dividends Payable; Credit Cash. No entry is recorded

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