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(Solved by Expert Tutors) The entry to record the declaration of a cash dividend consists of a deb
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Dividend Expense and a credit to Cash. |
Retained Earnings and a credit to Common Stock Dividend Distributable. |
Dividends Payable and a credit to Retained Earnings. |
Retained Earnings and a credit to Dividends Payable. |
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STATUSAnswered
QUALITYApproved
DATE ANSWEREDApr 19, 2020
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YES, THIS IS LEGAL
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