Which of the Following Entries Records the Payment of Dividends

question 152

Multiple Choice

Which of the following entries records the payment of dividends?

• A) debit Common Stock; credit Cash
• B) debit Dividends; credit Cash
• C) debit Salaries Expense; credit Cash
• D) debit Salaries Expense; credit Salaries Payable

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Definitions:

Smooth Muscle

A type of muscle tissue which is found in the walls of organs, such as the stomach, and is involved in involuntary movements.

Abrasion-Resistant

Refers to materials or surfaces that are designed to withstand wear, scraping, or rubbing that may cause erosion.

Keratin

A type of protein found in skin, hair, and nails, making them strong and resistant to damage.

Excess UV Light

Ultraviolet light that surpasses safe levels, potentially leading to damage such as skin burns, eye injury, or increased risk of skin cancer.