(Appendix 5A) Why is the Dividend account closed directly to the Retained Earnings account instead of through...

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(Appendix 5A) Why is the Dividend account closed directly to the Retained Earnings account instead of through the Income Summary account?

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Financial Accounting In An Economic Context

ISBN: 9780538855846

3rd Edition

Authors: Jamie Pratt

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Question Posted: Jul 18, 2024 07:03 AM

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(Appendix 5A) Why is the Dividend account closed directly to the Retained Earnings account instead of through...

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Financial Accounting In An Economic Context

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