Question: Time left 1 : 1 1 : 3 5 Question 8 Not yet answered Marked out of 1 Flag question Question text When a corporation
Time left ::
Question
Not yet answered
Marked out of
Flag question
Question text
When a corporation pays a dividend, the
Question Select one:
a
cash account will be increased with a debit.
undo
b
retained Earnings account will be directly increased with a debit.
undo
c
dividends declared account will be increased with a credit.
cross out
d
dividends declared account will be increased with a debit.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
