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

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter12: Intangibles
Section: Chapter Questions
Problem 2RE: Match the following items with correct accounting treatment (A through C):
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When assets are distributed to the owners of a corporation, these distributions are termed
consumptions.
depletions.
dividends.
a credit line.
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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
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A net loss will result during a time period when
expenses exceed revenues.
revenues exceed expenses.
liabilities exceed assets.
dividends exceed investments.
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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
Expert Solution
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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