Question: The journal entry required to close the dividends account includes a. a debit to Common Stock and a credit to Dividends. b. a debit to

The journal entry required to close the dividends account includes a. a debit to Common Stock and a credit to Dividends. b. a debit to Retained Earnings and a credit to Dividends. c. a debit to Retained Earnings and a credit to Cash. d. a credit to Common Stock and a debit to Retained Earnings

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