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-   -   Journal entry for dividends (https://www.askmehelpdesk.com/showthread.php?t=639625)

  • Feb 27, 2012, 06:30 PM
    itsme0775
    Journal entry for dividends
    Dividends were declared and paid to stockholders in the amount of $1500, is the journal entry debit to cash and credit to common stock $1500
  • Feb 27, 2012, 07:03 PM
    pready
    Debit Dividends
    Credit Cash

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