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    Intermediate Accounting Study Set 14
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    Exam 14: Shareholders Equity
  5. Question
    The Accounting Treatment for Ordinary and Liquidating Dividends Differs
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The Accounting Treatment for Ordinary and Liquidating Dividends Differs

Question 9

Question 9

True/False

The accounting treatment for ordinary and liquidating dividends differs.Ordinary dividends cause a debit to retained earnings and liquidating dividends cause a debit to contributed capital.

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