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:

Marketing Efforts

Activities undertaken by a company to promote and sell its products or services to the target market.

Focal Point

The center of interest or activity in a space or composition that attracts attention.

System 1

Fast, automatic, intuitive thinking, as contrasted with slower, more analytical System 2 thinking, as identified in psychological research.

Nonconscious

Pertaining to mental processes and reactions occurring outside of and not available to conscious awareness.