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
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q14: Every transaction affects at least two accounts.
Q19: A trial balance is simply a list
Q56: The trial balance is used to prepare
Q63: Receiving a payment from a customer on
Q66: The entry to record an owner investment
Q67: The normal balance of the Supplies account
Q69: Performing a service on account would include
Q72: Describe what is listed on a trial
Q73: The payment for rent of the office
Q129: The purchase of a building with a