The journal entries accompanying a cash dividend occur on:

Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter5: Inventories And Cost Of Goods Sold
Section: Chapter Questions
Problem 5.19E
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please answer correctly, 1 and 4 are incorrect

The journal entries accompanying a cash dividend occur on:
Multiple Choice
The date of record and the date of payment
None of the above
The date of authorization and the date of payment
The date of authorization and the date of record
The date of declaration and the date of payment
Transcribed Image Text:The journal entries accompanying a cash dividend occur on: Multiple Choice The date of record and the date of payment None of the above The date of authorization and the date of payment The date of authorization and the date of record The date of declaration and the date of payment
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