Question: [Select] Select the correct closing entry for dividends from the table below: Debit Credit A Dividends $500 Income summary $500 B Dividends $500 Retained

[Select] Select the correct closing entry for dividends from the table below: Debit Credit A Dividends $500 Income summary $500 B Dividends $500 Retained earnings $500 C Income summary $500 Dividends $500 D Retained earnings $500 Dividends $500

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