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Which of the following statements are true? Select one: a . Dividends payable is a liability and is shown on the balance sheet. b .
Which of the following statements are true? Select one: a Dividends payable is a liability and is shown on the balance sheet. b Dividends payable is an equity account and is shown on the balance sheet. C Dividends payable is an equity account and is shown in the stockholders' equity statement. d Dividends payable is an expense account and is shown on the income statement. e Both and are true.
Which of the following statements are true?
Select one:
a
Dividends payable is a liability and is shown on the balance sheet.
b
Dividends payable is an equity account and is shown on the balance sheet.
C
Dividends payable is an equity account and is shown in the stockholders' equity statement.
d
Dividends payable is an expense account and is shown on the income statement.
e
Both and are true.
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