When a corporation distributes a dividend, the most common form...
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Accounting
When a corporation distributes a dividend, the most common form of distribution is a cash dividend. Retained Earnings account will be directly increased with a debit. Dividends account will be increased with a credit. Dividends account will be decreased with a debit.
When a corporation distributes a dividend, the
most common form of distribution is a cash dividend. Retained Earnings account will be directly increased with a debit. Dividends account will be increased with a credit. Dividends account will be decreased with a debit.
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