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Which journal entry reflects the following transaction?: BOC declared a $9,000 dividend to be paid in cash next month. Dr. Dividend Expense 9,000 Cr. Dividends
Which journal entry reflects the following transaction?:
BOC declared a $9,000 dividend to be paid in cash next month.
Dr. Dividend Expense 9,000
Cr. Dividends Payable 9,000
Dr. Dividend Expense 9,000
Cr. Cash 9,000
Dr. Retained Earnings 9,000
Cr. Cash 9,000
Dr. Retained Earnings 9,000
Cr. Dividends Payable 9,000
Dr. Dividends Payable 9,000
Cr. Dividends Expense 9,000
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