The 2010 Statement of Cash Flows of Dickens Corporation Shows

question 77

Multiple Choice

The 2010 statement of cash flows of Dickens Corporation shows $500,000 cash paid for dividends. If dividends in Dickens' statement of retained earnings are reported at $550,000 then:

• A) Dickens' dividends payable account must amount to $50,000 at the end of 2010.
• B) Dickens' Cash account must have increased by $50,000 in 2010.
• C) Dickens' dividends payable account must have increased by $50,000 in 2010.
• D) Dickens' dividends payable account must have decreased by $50,000 in 2010.

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Definitions:

Prostaglandins

A group of lipid compounds that are involved in various physiological processes, including inflammation and pain.

Ejaculation

The release of semen from the male reproductive system during sexual arousal.

Smooth Muscle

A type of muscle found in the walls of hollow organs, such as blood vessels and the digestive tract, that contracts involuntarily.

Urethra

The duct through which urine is discharged from the bladder to the outside of the body in both males and females and through which semen is discharged in males.