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  3. paid a cash dividend of $800 to shareholders. how

paid a cash dividend of $800 to shareholders. How do I journalize this? there is...

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Accounting

paid a cash dividend of $800 to shareholders.

How do I journalize this? there is no 'dividend expense' under the selection. What is an alternative for:

Dividend expense $800

Cash $800

would it be under RE?

Answer & Explanation Solved by verified expert
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