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Mary Martin, the sole stockholder of Martin Consulting, received a $2,000 dividend from the company. Identify the general journal entry below that Martin Consulting will make to record the transaction.
A) Dividends 2,000
Cash 2,000
B) Common Stock 2,000
Cash 2,000
C) Dividends 2,000
Common Stock 2,000
D) Cash 2,000
Common Stock 2,000
E) Cash 2,000
Dividends 2,000
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Mary Martin, the sole stockholder of Martin Consulting, received a $2,000 dividend from the company....
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