Which of the Following Correctly Describes the Recording of a Dividend

question 1

Multiple Choice

Which of the following correctly describes the recording of a dividend declaration by a company's board of directors?

• A)A debit to retained earnings and a credit to cash.
• B)A debit to additional paid-in capital and a credit to dividends payable.
• C)A debit to cash and a credit to retained earnings.
• D)A debit to retained earnings and a credit to dividends payable.

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Definitions:

Forceful Leadership

A leadership style characterized by strong, decisive actions and a command-oriented approach to guiding teams or organizations.

Enabling Leadership

A leadership style that emphasizes empowering employees, fostering their talents, and facilitating their success.

Emotional Stability

A personality trait characterized by consistency in emotions, lack of excessive emotional reactions, and the ability to remain calm under pressure.

Psychotherapy

Psychotherapy is a therapeutic treatment primarily involving verbal communication used to help individuals overcome mental health problems or emotional difficulties.