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Use this end-of-period spreadsheet to answer the question that follows. The entry to close Dividends would be a. debit Dividends, $2,500; credit Retained Earnings, $2,500

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Use this end-of-period spreadsheet to answer the question that follows. The entry to close Dividends would be a. debit Dividends, $2,500; credit Retained Earnings, \$2,500 b. debit Common Stock, $2,500; credit Retained Earnings, $2,500 c. debit Retained Earnings, $2,500; credit Common Stock, $2,500 d. debit Retained Earnings, $2,500, credit Dividends, $2,500

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