Which journal entry reflects the following transaction? BOC declared a dividend of $9,000 to be paid in
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Question:
Which journal entry reflects the following transaction?
BOC declared a dividend of $9,000 to be paid in cash next month.
Dr. Dividend Expense 9,000
chrome Dividends payable 9,000
Dr. Dividend Expense 9,000
Chrome Cash 9,000
Dr. Retained earnings 9,000
Chrome Cash 9,000
Dr. Retained earnings 9,000
chrome Dividends payable 9,000
Dr. Dividends payable 9,000
chrome Dividend expenses 9,000
Related Book For
Financial Reporting and Analysis
ISBN: 978-1259722653
7th edition
Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer
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