On the 5th of April, the board of directors declared dividends OMR 7,000 for the ordinary shareholders.

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On the 5th of April, the board of directors declared dividends OMR 7,000 for the ordinary shareholders. Prepare a journal entry?

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Understanding Financial Accounting

ISBN: 9781119406921

2nd Canadian Edition

Authors: Christopher D. Burnley

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Posted Date: Dec 29, 2023 08:41 AM

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On the 5th of April, the board of directors declared dividends OMR 7,000 for the ordinary shareholders.

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Journal Entry Date April 5 20XX Debit Dividends Payable 7000 Credit ... View the full answer

Understanding Financial Accounting

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