Question: Select the following statements that are correct regarding Dividends? ( Check all that apply. ) Dividends are closed into retained earnings by crediting Dividends. Dividends
Select the following statements that are correct regarding Dividends? Check all that apply.
Dividends are closed into retained earnings by crediting Dividends.
Dividends are closed into retained earnings by debiting Dividends.
Dividends are closed into retained earnings by debiting Retained Earnings.
Dividends are closed into retained earnings by crediting Retained Earnings.
Dividends have a normal debit balance.
Dividends have a normal credit balance.
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