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Cash dividends declared but not paid as of the statement of financial position date are reported as a. current liability b. deduction from Cash c. addition to Share Capital d. addition to Additional Paid-in Capital

Cash dividends declared but not paid as of the statement of financial position date are reported as a. current liability b. deduction from Cash c. addition to Share Capital d. addition to Additional Paid-in Capital

College Accounting, Chapters 1-27
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter20: Corporations: Organization And Capital Stock
Section: Chapter Questions
Problem 5MC: Treasury stock is listed as a(n) __________ on the balance sheet. (a) current liability (b) current...
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Cash dividends declared but not paid as of the statement of financial position date are reported as

a. current liability
b. deduction from Cash
c. addition to Share Capital
d. addition to Additional Paid-in Capital

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