Question: A liability for cash dividends is recorded: 0 0 : 0 6 : 1 9 Multiple Choice For dividends in arrears on cumulative preferred stock.
A liability for cash dividends is recorded:
::
Multiple Choice
For dividends in arrears on cumulative preferred stock.
On the date of declaration.
When cumulative preferred stock is sold.
On the date of record.
On the date of payment.
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