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4 October, 07:44

The classification and normal balance of the dividends account is

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  1. 4 October, 08:01
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    The correct answer is A liability with credit balance.

    Explanation:

    A crediting balance is one that is given when the amount of charges is smaller than the amount of payment. The creditor balance means that the assets have increased, therefore we become third-party creditors.
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