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Which of these statements is true? a. A company prepares its set of financial statements after preparing its closing entry. b. Dividends appear on the

Which of these statements is true? a.A company prepares its set of financial statements after preparing its closing entry. b. Dividends appear on the Income Statement when they are declared, not when paid. c. All revenue accounts are closed with credits, and dividends are closed with debits. d.All entries are recorded in the journal by date, then posted to the ledger by account.

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