Dividends Appear on The

question 59

Multiple Choice

Dividends appear on the:

• A) retained earnings statement
• B) income statement
• C) balance sheet
• D) both the retained earnings statement and the income statement

---

Definitions:

Capital Account Balance

The net result of public and private international investments flowing in and out of a country, representing changes in national ownership of assets.

Partnership Capital

Represents the total equity or interest that partners have in a partnership, which can be changed through additional contributions or withdrawals.

Admit May

A term that appears to refer to the acceptance or permission granted in the month of May, but without a specific context, its exact meaning may vary.

Goodwill Method

An accounting technique used to record the excess of purchase price over the book value of acquired assets during a business acquisition.