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  3. Study Set
    Financial Accounting Study Set 7
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    Exam 2: Recording Business Transactions
  5. Question
    The Normal Balance of the Dividends Account Is a ________
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The Normal Balance of the Dividends Account Is a ________

Question 68

Question 68

Multiple Choice

The normal balance of the Dividends account is a ________ because it decreases ________.


A) debit; shareholders' equity
B) debit; liabilities
C) debit; assets
D) credit; revenues

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