which of the following statements is true? select answer from the options below\na amounts received from…

which of the following statements is true? select answer from the options below\na amounts received from issued stock are reported on the income statement.\nb amounts paid out as dividends are not expenses.\nc amounts paid out as dividends are reported on the income statement.\nd amounts received from issuing stock are revenues.

which of the following statements is true? select answer from the options below\na amounts received from issued stock are reported on the income statement.\nb amounts paid out as dividends are not expenses.\nc amounts paid out as dividends are reported on the income statement.\nd amounts received from issuing stock are revenues.

Answer

Brief Explanations:

Dividends are distributions of a company's earnings to its shareholders and are not considered business - operating expenses. They are reported on the statement of retained earnings or statement of stockholders' equity, not the income statement. Amounts received from issued stock are part of equity financing and are not revenues. Revenues are from the company's normal business operations.

Answer:

B. Amounts paid out as dividends are not expenses.