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

question 62

Multiple Choice

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

• A)Dr.Expense $10,000, Cr.Cash $10,000
• B)Dr.Expense $10,000, Cr.Retained earnings $10,000
• C)Dr.Retained earnings $10,000, Cr.Expenses $10,000
• D)Dr.Retained earnings $10,000 Cr.Cash $10,000

Evaluate the evolution of welfare policies and their impacts on different societal groups.

Understand the concept and objectives of monetary policy.

Identify the roles and views of historical figures on economic policies.

Analyze the effects of monetary policy on the economy.

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Definitions:

Two-way Table

A tabular method to represent data that can help in analyzing the relationship between two categorical variables.

Column Percentages

Percentages that represent the portion each category within a column constitutes of the column's total, often used in crosstabulation tables to analyze categorical data.

Poisson Distribution

A probability distribution that expresses the probability of a given number of events occurring in a fixed interval of time or space.

Significance Level

The significance level is a threshold in hypothesis testing, beyond which an observed effect is considered statistically significant, typically set at 0.05.