A Company Declared and Paid a Dividend of $8,000 This

question 136

Multiple Choice

A company declared and paid a dividend of $8,000 this year.The entry to close the dividend account at the end of the year is:

• A)Option A
• B)Option B
• C)Option C
• D)Option D

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Definitions:

Dynamic Pricing

A pricing strategy that allows businesses to adjust prices in real-time based on market demand, competition, and other factors.

Business District

A section of a city where the majority of office buildings, businesses, and commercial activities are concentrated.

Weekend

The part of the week typically dedicated to rest or leisure activities, often Saturday and Sunday for many societies.

Price Elasticity

Measures the responsiveness of demand for a product or service to changes in its price.