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Tropical Co

Accounting

Tropical Co. declared a cash dividend of S30,000. This transaction include
 Tropical Co, declared a cash dividend of $30,000. This transaction includes a(n) 8 9 increase to Retained Earnings of $30,000, 10 decrease to Cash Dividend Payable of $30,000 decrease to Cash of $30,000 decrease to Retained Earnings of $30,000.

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