ovowendygirl9443 ovowendygirl9443
  • 14-12-2022
  • Business
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For the year ended December 31, a company has revenues of $320,000 and expenses of $197,500. The company paid $51,200 in dividends during the year. The balance in the Retained earnings account before closing is $84,000. Which of the following entries would be used to close the dividends account?

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