True/False
Under International Financial Reporting Standards (IFRS) the dividends account is considered a real account.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: Nominal (temporary) accounts are revenue, expense, and
Q4: The debit and credit analysis of a
Q6: The double-entry accounting system means<br>A)Each transaction is
Q97: On the income statement, debits are used
Q98: An adjusted trial balance that shows equal
Q99: Basic steps in the recording process include
Q100: Adjustments are often prepared<br>A) after the statement
Q101: Numerous errors may exist even though the
Q103: Equity is not affected by<br>A) cash receipts.<br>B)
Q105: A journal entry to record a receipt