Cash dividends totaling $4,800 were paid to stockholders on March 31.(choose an
ID: 2533204 • Letter: C
Question
Cash dividends totaling $4,800 were paid to stockholders on March 31.(choose an option for the account and answer the dollar amount based on the account)
1) Account: Dollar Amount:
A)Cash b) Account receivable C) Inventory D) Repaid rent E) Fixture and Equipment F) Account Payable G) Interest Payable H) Wages payable I) Notes payable K) Paid in capital L) Retained Earning M) Leave Blank
2)Account: Dollar Amount:
A)Cash b) Account receivable C) Inventory D) Repaid rent E) Fixture and Equipment F) Account Payable G) Interest Payable H) Wages payable I) Notes payable K) Paid in capital L) Retained Earning M) Leave Blank
3)Account: Dollar Amount:
A)Cash b) Account receivable C) Inventory D) Repaid rent E) Fixture and Equipment F) Account Payable G) Interest Payable H) Wages payable I) Notes payable K) Paid in capital L) Retained Earning M) Leave Blank
4)Account: Dollar Amount:
A)Cash b) Account receivable C) Inventory D) Repaid rent E) Fixture and Equipment F) Account Payable G) Interest Payable H) Wages payable I) Notes payable K) Paid in capital L) Retained Earning M) Leave Blank
5)Account: Dollar Amount:
A)Cash b) Account receivable C) Inventory D) Repaid rent E) Fixture and Equipment F) Account Payable G) Interest Payable H) Wages payable I) Notes payable K) Paid in capital L) Retained Earning M) Leave Blank
Explanation / Answer
Cash -4800 Retained Earning -4800
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