When a corporation pays dividends, the three relevant dates for dividends occur in this order: a. date of record, date of declaration, date of paymentb. date of payment, date of declaration, date of recordc. date of declaration, date of payment, date of recordd. date of declaration, date of record, date of payment

Identify the different types of dividends. How much is debited to Retained Earnings upon declaration of each types of dividends?

Understand the accounting and reporting issues related to dividends.