Answered: 2. The date on which liability for…

2. The date on which liability for dividends must be recorded a. Date of record b.Date of issuance c.Date of payment d. Declaration date

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter21: Corporations: Taxes, Earnings, Distributions, And The Statement Of Retained Earnings

Section: Chapter Questions

Problem 4MC

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2. The date on which liability for dividends must be recorded

a. Date of record

b.Date of issuance

c.Date of payment

d. Declaration date

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