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Question 32 Not yet answered Marked out of Mr. Nasser runs a merchandising business made a Net Income of RO 23,000 during the year 2019.

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Question 32 Not yet answered Marked out of Mr. Nasser runs a merchandising business made a Net Income of RO 23,000 during the year 2019. He paid a dividend Of RO 3000. Which account is debited for the payment of dividend while passing the closing journal entry? Fog question a. Net Income account b. Retained earnings account C. Income summary account d. Dividend paid account

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