Which of the Following Is the Appropriate General Journal Entry

question 56

Multiple Choice

Which of the following is the appropriate general journal entry to record the declaration of cash dividends?

• A)Dividends Declared Cash
• B)Dividends Payable Cash
• C)Share Capital Dividends Payable
• D)Dividends Declared Dividends Payable

Understand different methods to overcome resistance to change including interpersonal, team, and organizational approaches.

Realize the competitive advantage of adaptive and flexible organizations over rigid ones.

Understand the importance and function of transition words in the organization of writing.

Recognize that simplicity and clarity are more effective than complexity in business writing.

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Definitions:

Direct Method

A cash flow statement presentation that lists operating cash receipts and payments, providing a clear view of cash sources and uses.

Operating Activities

Activities that relate to the core operations of a company, including the production, distribution, and sale of goods and services.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded against a fixed asset since it was acquired.

Investing Activities

Activities related to the acquisition and disposal of long-term assets and other investments not included in cash equivalents.