When listing the accounts on the trial balance,where is the account Dividends listed?
A)It is not listed on the trial balance.
B)After Retained Earnings.
C)After Service Revenue or Sales Revenue.
D)After all the expense accounts.

Question

Quizplus · Accepted Answer

Dividends are not an expense or a revenue account, but rather a distribution of profits to shareholders. Therefore, it appears at the bottom of the equity section of the trial balance, after Retained Earnings.

When Listing the Accounts on the Trial Balance,where Is the Account