Pear Inc Declared and Paid a $10,000 Dividend at the End

question 14

Multiple Choice

Pear Inc declared and paid a $10,000 dividend at the end of the year.How would the transaction be recorded?

• A)An increase in expense of $10,000 and a decrease in cash of $10,000.
• B)An increase in expense of $10,000 and a decrease in retained earnings of $10,000.
• C)A decrease in retained earnings of $10,000 and a decrease in expenses of $10,000.
• D)A decrease in retained earnings of $10,000 and a decrease in cash of $10,000.

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Definitions:

PID-5

The Personality Inventory for DSM-5, a self-report diagnostic tool used to assess personality disorders.

Big Five

A model that outlines five broad dimensions of personality traits: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Increasing Happiness

The pursuit of activities or practices aimed at enhancing one's sense of well-being and contentment.

Optimistic

A tendency to anticipate the best possible outcome of actions or events.