In 2015, Dickens Company had a beginning balance in its Cash Dividend Payable account of $5,000 and an ending balance of $4,000 . During 2015, the only dividends Dickens declared were $46,000 in cash to the common stockholders. How much cash was paid to the common stockholders?
a. $45,000
b. $47,000
c. $46,000
d. $ 1,000
b
Business
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