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

Recognize the prevalence and transmission ways of HIV/AIDS.

Distinguish between viral and bacterial STDs.

Understand the social and psychological factors influencing sexual behavior and attitudes.

Understand the key differences between modernity and postmodernity.

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Definitions:

Strongly Accepted

A term or concept that is widely acknowledged and embraced by a majority within a certain context or community.

Merchandising Firms

Companies that purchase goods at wholesale prices and resell them at retail prices, making a profit on the spread.

Manufacturing Firms

Companies that produce finished goods from raw materials through the use of labor, machinery, and equipment.

Merchandising Firms

Companies that purchase inventory in a finished form for the purpose of reselling it to consumers without further processing.