The board of directors declared cash dividends totaling $168,000 during the year. The comparative balance...
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Accounting
The board of directors declared cash dividends totaling $168,000 during the year. The comparative balance sheet indicated dividends payable of $46,000 at the beginning of the year and $42,000 at the end of the year. What was the amount of cash paid for dividends during the year? $fill in the blank 1
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