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    Intermediate Accounting Study Set 9
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    Exam 13: Current Liabilities and Contingencies
  5. Question
    Dividends in Arrears on Cumulative Preferred Stock Should Be Recorded
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Dividends in Arrears on Cumulative Preferred Stock Should Be Recorded

Question 12

Question 12

True/False

Dividends in arrears on cumulative preferred stock should be recorded as a current liability.

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