Question: When dividends are declared on common shares, the journal entry for the company that is issuing the dividends includes a debit to: Select one: a.

When dividends are declared on common shares, the journal entry for the company that is issuing the dividends includes a debit to: Select one: a. Cash Dividends-Common; credit Dividends Payable b. Cash Dividends-Common; credit Cash c. Dividends Payable; credit Cash d. Dividends Payable; credit Cash Dividends-Common

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