Question: Question 25 Which statement is incorrect? Dividends represent a distribution by a corporation to its stockholders. Dividends reduce stockholders' equity, thus the dividends account increases

a corporation to its stockholders. Dividends reduce stockholders' equity, thus the dividends

Question 25 Which statement is incorrect? Dividends represent a distribution by a corporation to its stockholders. Dividends reduce stockholders' equity, thus the dividends account increases on the left side. The dividends account has a normal debit balance. Dividends are shown on the income statement

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