Business, 22.10.2020 02:01 kaishat1092

Stear Corp. paid $35,000 as dividends to its shareholders for an accounting period. What is the entry in the journal of the company? A.
Dividend Account (debit) 35,000; Cash Account (credit) 35,000
B.
Cash Account (debit) 35,000; Dividend Account (credit) 35,000
C.
Dividend Account (debit) 35,000; Shares Account (credit) 35,000
D.
Shares Account (debit) 35,000; Cash Account (credit) 35,000
E.
Shares Account (debit) 35,000; Dividend Account (credit) 35,000

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Stear Corp. paid $35,000 as dividends to its shareholders for an accounting period. What is the entr...