The Closing Entry Made for the Dividends Account Would Include

question 9

Multiple Choice

The closing entry made for the Dividends account would include a debit to:

• A)Net Income and a credit to Dividends.
• B)Retained Earnings and a credit to Dividends.
• C)Dividends and a credit to Retained Earnings.
• D)Dividends and a credit to Net Income.

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Definitions:

Public Opinion Survey

A systematic method of collecting and analyzing individuals' views towards various topics, often used in political science and marketing.

Sampling

The process of selecting a subset of individuals, objects, or observations from a larger population for the purpose of making inferences about the population.

Telephone Sampling Frames

A list or database of telephone numbers from which a sample is drawn for the purpose of conducting research via phone calls.

Landline

A phone that is connected to the phone system via physical telephone wires.