Post Utme Abu 2017 Accounting Question 31
Practice objective / multiple choice question 31 from the 2017 Post Utme Abu Accounting examination.
A company uses the double-entry system to record its transactions. The following journal entry was made on December 31, 2022: Debit: Cash 10,000, Credit: Dividends 10,000. What is the effect of this transaction on the company's equity?
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About This Question
This is Post Utme Abu 2017 Accounting Question 31. It is one of the objective questions from the 2017 Post Utme Abu Accounting examination.
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