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Business, 19.01.2022 22:50 jbot9050

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...
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