credit rates Rece Question 29 Which statement is incorrect? 325 Dividends represent a distribution by a corporation to its stockholders The Dividends account has a normal debit balance O Dividends are shown on the income statement Dividends redude stockholders equity, thus the Dividends account increases on the left side Question 30 3.25 pts An awareness of the normal balances of accounts would help you spot which of the following as an error in recording? A credit balance in a revenue account A credit balance in an expense account A debit balance in the Dividends account A credit balance in a liabilities account