D Canvas Question 11 Dividends appears on which of the current period's financial statement(s)? Statement of retained earnings O Statement of retained earnings and balance sheet Balance sheet O Statement of retained earnings and income statement D Question 12 When using the accrual basis of accounting: Revenues are recognized when cash is collected O Each transaction of the company must include a revenue or expense account O Expenses are recognized when cash is paid O Revenue is recognized when services are performed or products are delivered. Question 13