Cash dividends of $50,000 were declared during the year. Cash dividends payable were $10,000 and...
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Accounting
Cash dividends of $50,000 were declared during the year. Cash dividends payable were $10,000 and $5,000 at the beginning and end of the year, respectively. The amount of cash for the payment of dividends during the year is $50,000 $65,000 $60,000 $55,000
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