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The entry to record the declaration of a cash dividend consists of a debit to Dividend Expense and a credit to Cash. Retained Earnings and
The entry to record the declaration of a cash dividend consists of a debit to
| Dividend Expense and a credit to Cash. |
| Retained Earnings and a credit to Common Stock Dividend Distributable. |
| Dividends Payable and a credit to Retained Earnings. |
| Retained Earnings and a credit to Dividends Payable. |
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Cost Management
Authors: Don R Hansen, Maryanne M Mowen, Dan L Heitger
5th Edition
357141091, 978-0357141090
