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

When dividends are declared on common stock, 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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