The Entry to Record the Payment of a Previously Declared

question 90

Multiple Choice

The entry to record the payment of a previously declared dividend of $0.25 per share on 18,500 shares of common stock includes a ________.

• A) debit to Cash Dividends for $4625
• B) debit to Cash $4625
• C) credit to Cash Dividends for $4625
• D) debit to Dividends Payable for $4625

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Definitions:

Maturation And Practice

The process of development through natural growth and learning through repeated experiences or exercises.

Auditory

Relating to the sense of hearing or the system responsible for detecting sound.

Tactile Information

Details that are perceived through the sense of touch, contributing to how individuals understand and interact with their environment.

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The first language that a person learns from birth.