The Classification and Normal Balance of the Dividends Account Is

question 210

Multiple Choice

The classification and normal balance of the dividends account is

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

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Definitions:

Conventional Moral Reasoning

A stage in moral development where individuals make judgments based on societal rules and laws.

Transgression

is an act that goes against a law, rule, or code of conduct; an offense.

Lying

The act of intentionally making a false statement with the purpose of deceiving others.

Bullying

A form of aggressive behavior in which someone intentionally and repeatedly causes another person injury or discomfort through physical contact, words, or in other ways.