The normal balance of the Dividends account is a _ because it decreases _ .
A) credit; revenues
B) debit; liabilities
C) debit; assets
D) debit; shareholders' equity
Correct Answer:
Verified
Q43: Dividends paid to the shareholders when declared
Q44: Paying a utility bill when received would:
A)
Q45: The accounting transaction to record the payment
Q46: Borrowing money from the bank by signing
Q47: A trial balance that is "in balance"
Q49: The accounting transaction to record payment of
Q50: When a company performs a service and
Q51: Receiving a cheque from a customer on
Q52: Paying a dividend to the company's shareholders
Q53: Which of the following accounts does not
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