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Business, 22.12.2021 01:10 trint4

42-Cash dividends which were declared and paid in 2020 should be reported as a. An operating expense on the 2020 income statement

b. As Paid in Capital in Excess of Par Value on the year-end balance sheet

c. A reduction to the Common Stock account on the year-end balance sheet

d. A deduction from Retained Earnings on the retained earnings statement for the year

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