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uestion 26 ot yet nswered 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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uestion 26 ot yet nswered 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 credited for the payment of dividend while passing the closing journal entry? Flag question a. Net Income account b. Dividend paid account c. Retained earnings account d. None of these

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