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If the Opening Balance of Dividends Payable Is $45 000,the

Question 26

Multiple Choice

If the opening balance of Dividends Payable is $45 000,the closing balance is $35 000 and dividends of $25 000 were declared for the period,how much cash was paid for dividends in that period?


A) $25 000
B) $35 000
C) $45 000
D) $70 000

Correct Answer:

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