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At year end the company accounts show Stock Dividends Distributable of $21,000, How should the company report the dividend in its financial statements? As a

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At year end the company accounts show Stock Dividends Distributable of $21,000, How should the company report the dividend in its financial statements? As a current liability As a long term liability As a component of stockholders' equity As a footnote because it has not been distributed yet Question 2 2 pts At the end of the year, the company's Accounts Payable balance is $11,000 (including a debit balance of $2,500 in the subsidiary ledger for one of the company's creditors). What amount(s), if any, should the company report as a current liability in its financial statements? $11,000 $13,500 $8,500

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