If a corporation has dividends in arrears on preferred shares, they should also:
A)Declare the dividends.
B)Record a liability for the dividends.
C)Capitalize retained earnings for the dividends.
D)Report the dividends in arrears.

Name: If a corporation has dividends in arrears on preferred shares, they should also: A)Declare the dividends. B)Record a liability for the dividends. C)Capitalize retained earnings for the dividends. D)Report the dividends in arrears.
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Question

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The Answer is D

If a Corporation Has Dividends in Arrears on Preferred Shares