Question: The entry to close the dividends account would be a . debit Retained Earnings, $ 1 2 , 0 0 0 ; credit Dividends, $

The entry to close the dividends account would be
a. debit Retained Earnings, $12,000; credit Dividends, $12,000
b. debit Dividends, $3,000; credit Retained Earnings, $3,000
c. debit Retained Earnings, $3,000; credit Dividends, $3,000
d. debit Dividends, $12,000; credit Retained Earnings, $12,000
The entry to close the dividends account would be

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