What is the journal entry for payment of preference dividend on irredeemable preference shares on the date of declaration? Dr. Preference dividend payable Cr. Cash None of the listed choices Dr....

Plz solve it’s timed!!What is the journal entry for payment of preference dividend on irredeemable preference shares on the date of<br>declaration?<br>Dr. Preference dividend payable Cr. Cash<br>None of the listed choices<br>Dr. Retained earnings Cr. Preference dividend payable<br>Dr. Preference dividend payable Cr. Retained earnings<br>

Extracted text: What is the journal entry for payment of preference dividend on irredeemable preference shares on the date of declaration? Dr. Preference dividend payable Cr. Cash None of the listed choices Dr. Retained earnings Cr. Preference dividend payable Dr. Preference dividend payable Cr. Retained earnings

Jun 11, 2022
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