« previous next »

Author Question: Dividends are ________. A) the same as expenses B) a reduction in retained earnings C) owners' ... (Read 96 times)

ec501234

  • Hero Member
  • *****
  • Posts: 573
on: Jul 5, 2018
Dividends are ________.
 
  A) the same as expenses
  B) a reduction in retained earnings
  C) owners' contributions to the firm
  D) another term for each partner's share of partnership income

Question 2

When the perpetual inventory system is used, the inventory sold is debited to
 a. Supplies Expense
  b. Cost of Merchandise Sold
  c. Merchandise Inventory
  d. Sales


heyhey123

  • Sr. Member
  • ****
  • Posts: 353
Reply #1 on: Jul 5, 2018
Answer to Question 1

B

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

From left to right: Size development, biometrical changes in the cranium, reduction of toes ... From left to right: Size development, biometrical changes in the cranium, reduction of toes ...
Relaxation Techniques Stress Reduction Relaxation Techniques Stress Reduction
Reduction of a ribonucleoside diphosphate by rNDP reductase Reduction of a ribonucleoside diphosphate by rNDP reductase
How to create a table of values displaying commission and earnings (Question 1) How to create a table of values displaying commission and earnings (Question 1)
Waste Reduction and Recycling in Canada Waste Reduction and Recycling in Canada
Nitin earns $48,000 per year. Determine his gross earnings for each pay period if he is paid ... Nitin earns $48,000 per year. Determine his gross earnings for each pay period if he is paid ...
Video: Knee Animation

For a complete list of videos, visit our video library