Accountıng Iı Deneme Sınavı Sorusu #1044294

I. Sufficient retained earnings

II. Adequate cash

III. Debit balance 

IV. Declared dividends by the board of directors

If a corporation wants to pay cash dividends, which of the things above are required? 


I and II

I, II and III

I, II and IV

II, III and IV

II and IV 


Yanıt Açıklaması:

If a corporation wants to pay cash dividends, three conditions required are as follows: 1. Sufficient retained earnings 2. Adequate cash 3. Declared dividends by the board of directors. The correct answer is C. 

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