The Normal Balance of the Dividends Account Is a Debit

question 203

True/False

The normal balance of the dividends account is a debit.

---

Definitions:

Logic Problems

Puzzles or games that require the use of reasoning skills to solve.

Triarchic Theory

The idea that people have three types of intelligence: analytical, creative, and practical.

Book Smarts

Refers to knowledge obtained from formal education or extensive reading, as opposed to practical experience.

Street Smarts

Practical knowledge and skills needed to handle difficult or dangerous situations often found in urban environments.