Quiz Ch 10 – Debit Account for Cash Dividend Declaration

Financial Accounting

Thomas, Tietz, and Harrison

12th Edition

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Which account should be debited on the date of declaration when a corporation declares a $100,000 cash dividend?

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  • Search Terms: $, a account be capital cash common corporation date debited declaration declares dividend, dividends dividends. d) earnings excess if in is: a) of on or paid-in par. payable. c) retained stock. b) the to
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