This topic contains a solution. Click here to go to the answer

Author Question: On the date of payment for a cash dividend, what journal entry is required? (Read 78 times)

jCorn1234

  • Hero Member
  • *****
  • Posts: 545
On the date of payment for a cash dividend, what journal entry is required?
◦ Debit Cash and credit Dividends Payable
◦ Debit Retained Earnings and credit Dividends Payable
◦ Debit Dividends Payable and credit Cash
◦ Debit Dividends and credit Retained Earnings


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jCorn1234 on Feb 18, 2020

tmlewis4706

  • Sr. Member
  • ****
  • Posts: 295
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 59% of students answer this correctly




jCorn1234

  • Member
  • Posts: 545
Reply 2 on: Feb 18, 2020
YES! Correct, THANKS for helping me on my review


scikid

  • Member
  • Posts: 300
Reply 3 on: Yesterday
Excellent

 

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

For a complete list of videos, visit our video library