Dividends normally carry a _______ balance and are shown in the ______________.

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Question:Dividends normally carry a _______ balance and are shown in the ______________.

1.Debit; Statement of stockholders’ equity.

2.Debit; Income statement.

3.Credit; Balance sheet.

4.Debit; Balance Sheet

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  1. Dividends normally carry a _______ balance and are shown in the ______________.
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