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    Principles of Financial Accounting Study Set 1
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    Exam 13: Introduction to Corporations
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    Dividends Payable Is Classified as a
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Dividends Payable Is Classified as a

Question 170

Question 170

Multiple Choice

Dividends Payable is classified as a


A) non-current liability.
B) contra shareholders' equity account to Retained Earnings.
C) current liability.
D) non-operating expense.

Correct Answer:

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