The Amount in the Dividends Account Should Be Carried Over

question 204

Multiple Choice

The amount in the Dividends account should be carried over from the adjusted trial balance of the 10-column work sheet to which of the following columns?

• A) Income statement as a debit
• B) Income statement as a credit
• C) Balance sheet as a debit
• D) Balance sheet as a credit

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Definitions:

Fed

An abbreviation often referring to the Federal Reserve System, which is the central banking system of the United States.

Conditional Response

A learned response that becomes associated with a previously unrelated stimulus as a result of conditioning.

Classical Conditioning

A learning process that occurs when two stimuli are repeatedly paired: a response that is at first elicited only by the second stimulus is eventually elicited by the first stimulus alone.

Rescorla

A psychologist recognized for his work on associative learning and the contingency theory in classical conditioning.