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

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question
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
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.

 

trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Dividends
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education