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Devendra Company pays cash dividends of $600. The entry for this transaction will include a debit of $600 to
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38 votes
38 votes
Devendra Company pays cash dividends of $600. The entry for this transaction will include a debit of $600 to

User Nalani
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1 Answer

15 votes
15 votes

Answer:

Dividend

Step-by-step explanation:

Based on the information given if the Company pays CASH DIVIDENDS of the amount of $600, the Appropriate journal entry for this transaction will include a DEBIT of $600 to DIVIDENDS

as the $600 represent CASH DIVIDEND amount paid by the company.

User Nlogn
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