The reason that both expenses and dividends have a normal debit balance is that: A. They both

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The reason that both expenses and dividends have a normal debit balance is that:

A. They both are shown as assets on the balance sheet.

B. Both expenses and dividend accounts have offsetting current liability balances in the liability section of the general ledger.

C. Both expenses and dividends are offset against revenue in the income statement.

D. Both expenses and dividends reduce stockholders’ equity.

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