When Listing the Accounts on the Trial Balance,where Is the Dividends

question 145

Multiple Choice

When listing the accounts on the trial balance,where is the dividends account listed?

• A)It is not listed on the trial balance.
• B)After Retained Earnings.
• C)After Service Revenue or Sales Revenue.
• D)As part of the expense accounts.

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Definitions:

Average Sale Period

The average time taken to sell a product or service, typically calculated over a specific time frame.

Inventory Turnover

A metric indicating the number of times a company has sold and replaced inventory over a given period; it measures the efficiency of inventory management.

Inventory Turnover

A proportion illustrating the rate at which a firm's inventory cycles through sales and replacement in a given period, reflecting on the proficiency of inventory control.

Year 2

Often used to signify the second year of a particular time frame, such as a business plan, investment period, or educational program.