Question: Multiple Choice Question 49 On the dividend record date, O a dividend becomes a current obligation. O dividends Payable is debited. an entry may be

Multiple Choice Question 49 On the dividend record date, O a dividend becomes a current obligation. O dividends Payable is debited. an entry may be required if it is a stock dividend. O no entry is required

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it not being an object for purchase or sale, lease, gift or inheritance; and

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