Elance Exams Answers PDF file

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Download PDF file of elance Zoho Creator Exam Answers

What is an appropriate set of journal entries to recognize the declaration of dividends?

Debit Retained Earnings; Credit Dividends payable
Debit Convertible Stock; Credit cash
Debit Dividends payable; Credit Retained Earnings;
Debit Paid-in capital; Credit Cash
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