Question: Payment of cash dividends will decrease an asset and increase stockholders' equity. True False The entry to close expense account(s) includes a: credit to Retained

equity. True False The entry to close expense account(s) includes a: credit

Payment of cash dividends will decrease an asset and increase stockholders' equity. True False The entry to close expense account(s) includes a: credit to Retained Earnings. debit to the expense accounts. credit to the expense accounts debit to the revenue accounts

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