The entry to record the payment of a cash dividend previously declared includes a debit to ______.
a. Retained Earnings and a credit to Cash
b. Retained Earnings and a credit to Dividends Payable
c. Dividends Payable and a credit to Cash
d. None of these is correct
Ans: c. Dividends Payable and a credit to Cash
Business
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When two brands of the same basic product deliver their respective promised quality, they are delivering ________
A) performance quality B) conformance quality C) unique quality D) accuracy quality E) customer support
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Advertisements for which of the following product categories would be most effective when used with a flighting pattern?
A) breakfast cereal B) detergents C) beer D) electric bulbs E) refrigerator
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