Which of the Following Statements About the Dividends Account Is

question 123

Multiple Choice

Which of the following statements about the Dividends account is correct?

• A)It has a credit balance.
• B)It is an expense.
• C)It reduces Retained Earnings.
• D)It is an account that is reported only on the income statement.

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Definitions:

Hemoglobin

It's a component in red blood cells that is essential for moving oxygen from the lungs across the body's tissues, and it also carries carbon dioxide from those tissues back to the lungs.

Blood Vessels

The tubular structures carrying blood through the tissues and organs; a vital component of the circulatory system, including arteries, veins, and capillaries.

Arterioles

Small, muscular blood vessels that control blood flow from arteries into the capillary networks of the body's tissues.

Venules

Venules are small blood vessels that drain blood from capillaries into veins, playing a crucial role in the circulatory system by returning deoxygenated blood to the heart.