The normal balance of Dividends is a because it is an) _ account.
A) debit, asset
B) debit, stockholders' equity
C) credit, liability
D) credit, stockholders' equity
Correct Answer:
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Q58: Cash dividends paid to the stockholders will:
A)decrease
Q59: The process of transferring information from the
Q60: An owner makes an investment of cash
Q61: The payment for rent of the office
Q62: Purchasing supplies on account would:
A)increase total assets
Q64: All of the following accounts would be
Q65: The purchase of office furniture for cash
Q66: A company performed services for a customer
Q67: Prepaid expense accounts appear on:
A)both the income
Q68: What is one of the first steps
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