The ending balances in the Common Stock and Dividend accounts are shown on the income statement columns of the worksheet.

Name: The ending balances in the Common Stock and Dividend accounts are shown on the income statement columns of the worksheet.
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Quizplus · Accepted Answer

The Common Stock and Dividend accounts are equity accounts and therefore their balances do not appear on the income statement columns of the worksheet. They are typically found on the balance sheet columns.

The Ending Balances in the Common Stock and Dividend Accounts