Indicate all correct answers. Dividends: a. Decrease owners' equity. b. Decrease net income. c. Are recorded by
Question:
Indicate all correct answers. Dividends:
a. Decrease owners' equity.
b. Decrease net income.
c. Are recorded by debiting the Dividend account.
d. Are a business expense.
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Related Book For
Financial Accounting
ISBN: 9780077328702
15th Edition
Authors: Jan Williams, Sue Haka, Mark Bettner, Joseph Carcello
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