Dividends in Arrears
a. is a liability account.
b. appear in the notes to the financial statements.
c. is a stockholders' equity account.
d. is a contra-stockholders' equity account.
b
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On January 1, 2016, Francisco Company's balance in retained earnings was $80,000 . During 2016, the company earned net income of $43,000 and paid $15,000 in dividends. Calculate the retained earnings balance at December 31, 2016
a. $42,000 b. $90,000 c. $98,000 d. $108,000
Flexible budgets reflect a company's anticipated costs based on variations in activity levels.
Answer the following statement true (T) or false (F)
What would the employee turnover be if the store had ten positions for management trainees and four employees voluntarily left their jobs during the year?
A. 160% B. 140% C. 40% D. 60% E. There is not enough data to determine a correct percentage
Marks used in lieu of a written signature cannot be used for indorsements
Indicate whether the statement is true or false