menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 3: Adjusting and Closing Entries
  5. Question
    The Account to Which Dividends Are Closed Is Called
Solved

The Account to Which Dividends Are Closed Is Called

Question 90

Question 90

Multiple Choice

The account to which dividends are closed is called:


A) Cash.
B) Retained Earnings.
C) Common Stock.
D) Sales.

Correct Answer:

verifed

Verified

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

Related Questions

Q85: Items for which we have received payment,

Q86: Recording the collection of three months of

Q87: The balance in the Depreciation Expense account

Q88: Another name for "book value" is:<br>A)Accumulated Depreciation.<br>B)carrying

Q89: Which of the following does NOT go

Q91: Preparing the post-closing trial balance is the

Q92: Salary expense is $1,175 per day, Monday

Q93: Interest Expense had an adjusted balance of

Q94: Closing the revenue, expense, and dividend accounts:<br>A)yields

Q95: Bach, Inc. had closing entries which included

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