The Classification and Normal Balance of the Dividends Account Is

question 180

Multiple Choice

The classification and normal balance of the Dividends account is

• A)revenue with a credit balance.
• B)an expense with a debit balance.
• C)a liability with a credit balance.
• D)stockholders' equity with a debit balance.

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Definitions:

Fraction

A mathematical expression representing the division of one quantity by another, indicating parts of a whole.

Higher Terms

Advanced conditions or clauses within an agreement or contract that specify more stringent requirements or higher levels of performance.

Denominator

The bottom number in a fraction, representing the total number of equal parts the whole is divided into.

Fraction

A mathematical expression representing the division of one quantity by another, indicating a part of a whole.