Post Utme Delsu 2022 Accounting Question 5

Practice objective / multiple choice question 5 from the 2022 Post Utme Delsu Accounting examination.

Post Utme Delsu 2022 Accounting Objective / Multiple Choice
Question 5 POST_UTME_DELSU • 2022 • ACCOUNTING • objective

A company's financial statements show the following: Net Income ₦100,000, Dividends ₦20,000, and Retained Earnings ₦80,000. What is the correct amount of dividends paid?

Answer Options

A. ₦10,000
Correct Answer B. ₦20,000
C. ₦30,000
D. ₦40,000
Correct Answer
B
Correct Option:
₦20,000

About This Question

This is Post Utme Delsu 2022 Accounting Question 5. It is one of the objective questions from the 2022 Post Utme Delsu Accounting examination.

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