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Stock dividends distributable should be classified on the:________. A) income statement as an expense. B) balance sheet as an asset. C) balance sheet as a liability. D) balance sheet as an item of stockholders'
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Stock dividends distributable should be classified on the:________.

A) income statement as an expense.
B) balance sheet as an asset.
C) balance sheet as a liability.
D) balance sheet as an item of stockholders' equity.

User Livreson Ltc
by
4.6k points

1 Answer

5 votes

Answer:

a) income statement as an expense

User Jonathan Mitchem
by
5.3k points
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