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When a dividend is declared, the accounts debited and credited are: dividend and dividend payable. dividend payable and cash in bank. retained earnings and dividends. cash and dividend payable.

  • one year ago
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  1. kumar2006
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    when dividends are paid : Dr dividend payable Cr cash note : dividends are deduct from retained earnings

    • one year ago
  2. BazBendell
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    The first one?

    • one year ago
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