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    Intermediate Accounting Study Set 9
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    Exam 15: Stockholders Equity
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    The Balance in Common Stock Dividend Distributable Should Be Reported
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The Balance in Common Stock Dividend Distributable Should Be Reported

Question 29

Question 29

Multiple Choice

The balance in Common Stock Dividend Distributable should be reported as a(n)


A) deduction from common stock issued.
B) addition to capital stock.
C) current liability.
D) contra current asset.

Correct Answer:

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