Question: Categorize this account What account type is this T - account? Dividends Date debit Jul 3 1 5 3 0 Date credit DebitBalance 5 3

Categorize this account
What account type is this T-account?
Dividends
Date
debit
Jul 31
530
Date
credit
DebitBalance
530
Asset
Expense
Liability
Revenue
Stockholders' Equity

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!