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

question 70

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:

Cognitive-Behavioral Therapy

A type of psychotherapeutic treatment that helps patients understand the thoughts and feelings that influence behaviors, focusing on changing negative thought patterns.

Negative Patterns

Repetitive behaviors or thoughts that are detrimental to one's health, happiness, or well-being.

Effective Life Skills

Essential skills for adaptive and positive behavior, enabling individuals to deal effectively with the demands and challenges of everyday life.

Older Adults

Individuals typically aged 65 years and older, often considered in contexts of health, social care, and societal contribution.