menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial and Managerial Accounting
  4. Exam
    Exam 2: Recording Business Transactions
  5. Question
    A Business Paid Cash Dividends to Shareholders
Solved

A Business Paid Cash Dividends to Shareholders

Question 153

Question 153

Multiple Choice

A business paid cash dividends to shareholders.Which of the following accounts will be credited?


A) Common Stock
B) Dividends
C) Cash
D) Accounts Payable

Correct Answer:

verifed

Verified

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

Related Questions

Q38: When a business makes a cash payment,the

Q79: A payment of an expense in advance

Q82: A liability account is increased by a

Q144: The trial balance verifies the equality of

Q144: The following are the current month's balances

Q145: Which of the following is the order

Q147: A debit always means a decrease and

Q148: The following transactions for the month

Q149: Beetles Inc.recorded the following journal entry

Q190: Debits in the journal are always posted

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