declared dividends are recognised as

Declared dividends are recognised as: Declared dividends are recognised as: Select one: O a. A reduction in retained earnings O b. An asset O c. A reduction in share capital O d. An expense The balance of the rent expense account is $1800. The correct closing entry ... The balance of the rent expense account is $1800. The correct closing entry recorded in the general journal is: Select one: a. DR Profit or loss summary $1800, CR Rent expense $1800 b. DR Rent expense $1800, CR Profit or loss summary $1800 Accounting entries made to reduce the temporary accounts to zero balances are... Accounting entries made to reduce the temporary accounts to zero balances are known as: Select one: O a. Correcting entries b. Closing entries O c. Reversing entries O d. Adjusting entries