The earnings a fund pays to shareholders from its dividend and interest income are called: capital gain distributions. income dividends.

College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter22: Corporations: Bonds
Section: Chapter Questions
Problem 12RQ: How should sinking fund earnings be reported on the corporation income statement?
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Q10

The earnings a fund pays to shareholders from its dividend and interest income are
called:
capital gain distributions.
income dividends.
Transcribed Image Text:The earnings a fund pays to shareholders from its dividend and interest income are called: capital gain distributions. income dividends.
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