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Company paid out $60,000 in dividends. How will this be recorded in journal?

Company paid out $60,000 in dividends. How will this be recorded in journal?-example-1
User Jameela
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1 Answer

7 votes

Answer: The answer is a debit to dividends and a credit to cash

Step-by-step explanation: just believe me lol

User Stichoza
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6.3k points
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