when a company pays $2400 dividends to its stockholders the transaction should be recorded as

Saved When a company pays $2,400 dividends to its stockholders, the transaction should be recorded as: Multiple Choice Debit Dividends: Credit Cash. Debit Retained Earnings; credit Dividends. Debit Dividends; credit Accounts Payable. Debit Cash; credit Dividends. Saved When a company pays $2,400 dividends to its stockholders, the transaction should be recorded as: Multiple Choice Debit Dividends: Credit Cash. Debit Retained Earnings; credit Dividends. Debit Dividends; credit Accounts Payable. Debit Cash; credit Dividends