Retained Earnings, Stockholder's Equity, Owner's Capital1) What is the difference between the three accounts listed above?2) Are Dividends withdrawn from both RE or SE? What Financial Statements do Dividends appear on?3) Are Dividends CR or DR4) What type of account is Owner's Drawings? What statement does it appear on? Is it CR or DR? Is it similar to Dividends if so how and if not how?

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter4: The Adjustment Process
Section: Chapter Questions
Problem 19MC: On which financial statement would the Dividends account appear? A. Balance Sheet B. Income...
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Retained Earnings, Stockholder's Equity, Owner's Capital
1) What is the difference between the three accounts listed above?
2) Are Dividends withdrawn from both RE or SE? What Financial Statements do Dividends appear on?

3) Are Dividends CR or DR

4) What type of account is Owner's Drawings? What statement does it appear on? Is it CR or DR? Is it similar to Dividends if so how and if not how?

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