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  3. when a corporation distributes a dividend, the div

When a corporation distributes a dividend, the Dividends account will be decreased with a debit....

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Accounting

When a corporation distributes a dividend, the
Dividends account will be decreased with a debit.
Dividends account will be increased with a credit.
most common form of distribution is a cash dividend.
Retained Earnings account will be directly increased with a debit.
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