Supplies\

2,000

\ Equipment\

86,021

\ Accumulated Depr.\ Accounts Payable\ Wages Payable\ Common Stock\ Retained Earnings\ Dividends\ Fees Earned\ Wages Expense\ Rent Expense\ Depreciation Expense\ Totals\ Net Income (Loss)\ The entry to close Dividends would be\ a. debit Retained Earnings,

$2,500

, credit Dividends,

$2,500

\ b. debit Retained Earnings,

$2,500

; credit Common Stock,

$2,500

\ c. debit Dividends,

$2,500

; credit Retained Earnings,

$2,500

\ d. debit Common Stock,

$2,500

; credit Retained Earnings,

$2,500

v2.cengagenow.com The entry to close Dividends would be a. debit Retained Earnings, $2,500, credit Dividends, $2,500 b. debit Retained Earnings, $2,500; credit Common Stock, $2,500 c. debit Dividends, $2,500; credit Retained Earnings, $2,500 d. debit Common Stock, $2,500; credit Retained Earnings, $2,500