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The Dividends 1) appears on the income statement along with the expenses of the business. 2) must show transactions every accounting period. 3) is increased
The Dividends 1) appears on the income statement along with the expenses of the business. 2) must show transactions every accounting period. 3) is increased with debits and decreased with credits 4) is not a proper subdivision of stockholders' equity. Save Question 22 (1.66 points) In the first month of operations, the total of the debit entries to the Cash account amounted to $1.400 and the total of the credit entries to the Cash account amounted to $800. The Cash account has a 1) $800 credit balance. 2) $1.400 debit balance. 3) $600 debit balance. 4) $600 credit balance
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