Question: 0 Karandeep Singh Basth: Attempt 1 X Question 2 (1 point) The company that decides to issue dividends would need to record the following entry

 0 Karandeep Singh Basth: Attempt 1 X Question 2 (1 point)

0 Karandeep Singh Basth: Attempt 1 X Question 2 (1 point) The company that decides to issue dividends would need to record the following entry : Dr. Cash XXX Cr. Owner's equity XXX Dr. Investment XXX, Cr. Common shares XXX Dr. Cash XXX, Cr. Common shares XXX Dr. Retained earnings XXX, Cr. Owner's Equity XXX Question 3 (1 point) Which of the following journal entries is appropriate to record the issuance of an organization's shares: Dr. Cash XXX.Cr. Owner's equity XXX Dr. Investment XXX, Cr. Common shares XXX Dr. Cash XXX, Cr. Common shares XXX Dr. Retained earnings XXX, Cr. Owner's Equity XXX

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