The normal account balances for Retained Earnings and Dividends are
A) credit and debit, respectively.
B) debits.
C) credits.
D) debit and credit, respectively.
A
You might also like to view...
Kingston Company's accounts receivable turned over nine times during the year. This translates into strict adherence of the company's net/30 credit terms by Kingston's customers
a. True b. False Indicate whether the statement is true or false
Sarah and Jane formed a partnership with capital contributions of $210,000 and $123,000, respectively. Peter contributed $86,000 to acquire an ownership interest of 12% in the new partnership. How much is the total bonus for the existing partners?
A) $86,000 B) $35,720 C) $50,280 D) $17,860
Describe how Disney decided to deal with long lines
What will be an ideal response?
Offsetting the carbon footprint of an organization’s operations is referred to as being ________.
What will be an ideal response?