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Selected accounts of the Martini Corporation are listed below, each identified by a letter. Use those letters to indicate the accounts to be debited and
Selected accounts of the Martini Corporation are listed below, each identified by a letter. Use those letters to indicate the accounts to be debited and credited in the transactions that follow. A. Cash in Bank B. Common Stock C. Dividends D. Dividends Payable E. Income Summary F. Paid-in Capital in Excess of Par G. Retained Earnings Required information Required i Declared a $2 per share cash dividend. Debit Credit (Click to select) (Click to select) Required i Paid the dividend. Debit Credit (Click to select) (Click to select) Required i Closed the Income Summary account ($35,000 credit balance) for the corporation. Debit Credit (Click to select) (Click to select)
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