Answered: Castillo Services paid K. Castillo, the…

Castillo Services paid K. Castillo, the sole shareholder of Castillo Services, $6,000 in dividends during the current year. The entry to close the dividends account at the end of the year is:

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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