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Question 13 (3 points) Darton Company declared and paid dividends of $30,000 for the year. The journal entry to record this transaction is O
Question 13 (3 points) Darton Company declared and paid dividends of $30,000 for the year. The journal entry to record this transaction is O Debit--Cash, 30,000; Credit- -Dividend Income, 30,000 Debit--Cash, 3,000; Credit- -Dividend Income, 3,000 No entry required O Debit--Retained Earnings, 30,000; Credit- -Dividend income, 30,000
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