AFP
CTP · Question #809
(Topic 9) Subtracting dividends from net income available to common shareholders is reflected as a change to which of the following balance sheet items?
The correct answer is D. Retained earnings. See the full explanation below for the reasoning.
Question
- (Topic 9)
Subtracting dividends from net income available to common shareholders is reflected as a change to which of the following balance sheet items?
Options
- ATreasury stock
- BPaid-in capital
- CCommon stock at par value
- DRetained earnings
How the community answered
(52 responses)- A15% (8)
- B4% (2)
- C10% (5)
- D71% (37)
Community Discussion
No community discussion yet for this question.