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Accounting Final
?
Budke Corporation paid dividends of $5,000. As a result of this event,
The dividends account was debited for $5,000.
The dividends account was credited for $5,000.
The cash account was debited for $5,000.
Both b and c
Show Result
Correct
- Your answer is correct.
Wrong
- Your answer is wrong.
Detailed Answer
Correct answer: (A)
The dividends account was debited for $5,000.
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