When a Cash Dividend Is Paid, What Accounts on the Financial

question 99

Multiple Choice

When a cash dividend is paid, what accounts on the financial statements are affected?

• A)Dividend expense and retained earnings
• B)Cash and dividends payable
• C)Cash and retained earnings
• D)Dividends payable and retained earnings

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Definitions:

Presentation

A formal display or demonstration of a subject, often involving spoken words and visual aids, to convey information to an audience.

Personal-Selling Process

a direct marketing approach where salespersons use personal contact with potential buyers to understand their needs and offer solutions in the form of products or services.

Customer Satisfaction

A state that is achieved when companies meet the needs and expectations customers have for their goods or services.

Long-Term Sales

Sales strategies focused on achieving sustained revenue growth over an extended period rather than immediate gains.