menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Accounting IFRS Study Set 1
  4. Exam
    Exam 4: Completing the Accounting Cycle
  5. Question
    The Dividends Account Is a Permanent Account Whose Balance Is
Solved

The Dividends Account Is a Permanent Account Whose Balance Is

Question 188

Question 188

True/False

The Dividends account is a permanent account whose balance is carried forward to the next accounting period.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q71: The use of reversing entries<br>A) is a

Q114: A current asset is<br>A) the last asset

Q125: Correcting entries are made any time an

Q175: Intangible assets include each of the following

Q183: Transaction and adjustment data for Alcortt Company

Q186: The income statement for the year 2014

Q189: Correcting entries will never affect statement of

Q190: Topeka Bike Company received a $920 check

Q192: A company has purchased a trust of

Q193: An examination of the accounts of Freeman

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines