Question

Dividends normally carry a _______ balance and are shown in the ______________. Credit; Balance sheet Debit; Income statement Debit; Statement of stockholders' equity Debit; Balance sheet

Answer 1

Answer:

debit; stockholders' equity

Explanation:

The blank will be filled with debit; stockholders' equity                      

Dividends normally carry a Debit balance and shown in stockholders' equity.

A dividend is the sum of money paid by the company to the shareholders from the profit.                    

stockholder equity is the amount of asset left after all the liabilities are paid.