Dividends are reported on the
A)income statement.
B)retained earnings statement.
C)balance sheet.
D)income statement and balance sheet.

Name: Dividends are reported on the A)income statement. B)retained earnings statement. C)balance sheet. D)income statement and balance sheet.
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Question

Quizplus · Accepted Answer

Dividends are reported on the retained earnings statement as they represent a distribution of earnings to shareholders and affect the retained earnings balance.

Dividends Are Reported on the