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ess When assets are distributed to the owners of a corporation, these distributions are terme consumptions. depletions. dividends. a credit line.

ess When assets are distributed to the owners of a corporation, these distributions are terme consumptions. depletions. dividends. a credit line.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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ヤ View History Bookmarks Window Help A education.wiley.com xam 1 WP NWP Assessment Player UI Application DAXMED WALI FURINLE BOGS Question 13 of 42 View Policies Current Attempt in Progress When assets are distributed to the owners of a corporation, these distributions are termed consumptions. depletions. dividends. a credit line. Attem Save for Later
Transcribed Image Text:ヤ View History Bookmarks Window Help A education.wiley.com xam 1 WP NWP Assessment Player UI Application DAXMED WALI FURINLE BOGS Question 13 of 42 View Policies Current Attempt in Progress When assets are distributed to the owners of a corporation, these distributions are termed consumptions. depletions. dividends. a credit line. Attem Save for Later
View History Bookmarks Window Help A education. Exam 1 WP NWP Assessment Player UI Application Question 14 of 42 View Policies Current Attempt in Progress A net loss will result during a time period when expenses exceed revenues. revenues exceed expenses. liabilities exceed assets. dividends exceed investments. Save for Later OO O O
Transcribed Image Text:View History Bookmarks Window Help A education. Exam 1 WP NWP Assessment Player UI Application Question 14 of 42 View Policies Current Attempt in Progress A net loss will result during a time period when expenses exceed revenues. revenues exceed expenses. liabilities exceed assets. dividends exceed investments. Save for Later OO O O
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Step 1

When assets are distributed to owners of a corporation, these distributions are termed as:

option C; DIVIDENDS.

The distribution of any amount or property accumulated by corporations is called dividends to the stockholders.

 

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