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Which of the following is true? i. Paying out a dividend of $1000 would result...

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Accounting

Which of the following is true? i. Paying out a dividend of $1000 would result in a debit to the dividends account ii. In the general ledger, this $1000 would be entered on the right side of dividends T-account

Select one:

a. i only

b. ii only

c. i and ii

d. neither i or ii

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