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the journal entry to record the declaration of a dividend includes ______.

Sagot :

jaelynnperales12

Answer: A debit to Dividends, A credit to Dividends payable

ayfat23

The journal entry that can be used to record the declaration of a dividend are:

  • A debit to Dividends.
  • A credit to Dividends payable.

What is a journal entry?

A journal entry  serves as an accounting tool that csm be used in recording a business transaction in the accounting records.

Therefore journal entry can be used to debit to Dividends as well as to credit to Dividends payable.

Learn more about journal entry at,;

https://brainly.com/question/14279491

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