Canopy services paid k. canopy, the sole shareholder of canopy services, $5,700 in dividends during the current year. the entry to close the dividends account at the end of the year is:

The entry to close the dividends account at the end of the year:

It is given that Canopy services paid k. Canopy, the sole shareholder of canopy services, $5,700 in dividends during the current year. The entry to close the dividends account at the end of the year shall be as follows:

Dec. 31, Year;

Retained earnings Debit  $5,700

Dividends              Credit                $5,700

(Being dividends closed to retained earnings)

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi