The Publish or Perish Printing Company paid a dividend to stockholders.This will be reported on the:

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The company's profits are accumulated in Retained Earnings until a decision is made to distribute them to stockholders in what is called a dividend.Dividends are not an expense incurred to generate earnings and,as a result,are not reported on the income statement.Rather,a dividend is an optional distribution of earnings to stockholders,approved by the company's board of directors.Dividends are reported as a reduction in Retained Earnings on the statement of retained earnings.

The Publish or Perish Printing Company Paid a Dividend to Stockholders.This