ACC 304 Endless Education /uophelp.com ACC 304 Endless Education /uophelp.com | Seite 210

52. A dividend which is a return to stockholders of a portion of their original investments is a
a. liquidating dividend.
b. property dividend.
c. liability dividend.
d. participating dividend.
53. A mining company declared a liquidating dividend. The journal entry to record the declaration must include a debit to
a. Retained Earnings.
b. a paid-in capital account.
c. Accumulated Depletion.