Balance sheet would report dividends


Beldon's net income for the year ended December 31, 2011, was $900,000, but no dividends were declared. Beldon's balance sheet would report Dividends Payable at December 31, 2011, of :

A) $90,000.

B) $20,000.

C) $2,000.

D) $0.

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Accounting Basics: Balance sheet would report dividends
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