Question: Declared and paid cash dividend. Account #1 Account Type Increase/Decrease Debit/Credit Dividend Dividends Increase Debit Account #2 Account Type Increase/Decrease Debit/Credit Cash Assets Decrease Credit

Declared and paid cash dividend. Account #1 Account Type Increase/Decrease Debit/Credit Dividend Dividends Increase Debit Account #2 Account Type Increase/Decrease Debit/Credit Cash Assets Decrease Credit Paid cash for rent. Account #1 Account Type Increase/Decrease Debit/Credit Account #2 Account Type Increase/Decrease Debit/Credit Received cash on account from a customer Increase/Decrease Account Type DebiuCredit Account #1 Increase/Decrease Debit/Credit Account #2 Account Type

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