Multiple Choice
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:

Verified
Correct Answer:
Verified
Related Questions
Q105: The retained earnings account represents the excess
Q106: Posting accounting transactions avoids the necessity of
Q107: The purchase of office computers for cash
Q108: The purchase of an automobile involving a
Q109: A chart of accounts is:<br>A)a list of
Q111: The term "double- entry accounting" indicates that
Q112: A trial balance is:<br>A)a list of balance
Q113: Assets, owners' equity and dividends are all
Q114: The normal balance of the Dividends account
Q115: A business purchases a truck by signing