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Match each journal entry that follows as one of the types of journal entries (a-c) below.
-Dividends 215
Cash 215
Current Assets
Assets that are expected to be converted into cash, sold, or used up within one year or within the business's operating cycle, whichever is longer.
Revenue Accounts
Accounts in the general ledger that record the income generated from the sale of goods or services.
Dividends
Distribution of profits by a corporation to its shareholders, typically in the form of payments.
Retained Earnings
The portion of net income left over for the business after it has paid out dividends to its shareholders, often reinvested in the company.
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