The Closing Entry for the Dividends Account Would Involve Which

question 89

Multiple Choice

The closing entry for the Dividends account would involve which of the following?

• A)A debit to Retained Earnings
• B)A debit to Dividends
• C)A credit to Common Stock
• D)A credit to Cash

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Definitions:

Underextension

A cognitive error in language acquisition where a child applies a word too narrowly, limiting its use to a single object rather than to all objects of the same category.

Items of Clothing

Articles or pieces of material worn on the body to protect or adorn.

Receptive Vocabularies

The set of words a person understands when heard or read, as opposed to expressive vocabulary, which consists of words a person uses in speech or writing.

Productive Vocabularies

The set of words a person can actively produce or use in appropriate contexts, often contrasted with receptive vocabulary, which includes words a person can understand but might not actively use.