The account type that represents payments to stockholders is called:
A)Liabilities.
B)Assets.
C)Stockholders' equity.
D)Dividends.

Name: The account type that represents payments to stockholders is called: A)Liabilities. B)Assets. C)Stockholders' equity. D)Dividends.
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Question

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Dividends represent payments made to stockholders. Liabilities are debts or obligations owed by the company, assets are resources owned by the company, and stockholders' equity represents the residual value of assets minus liabilities.

The Account Type That Represents Payments to Stockholders Is Called