Post Utme Pan Atlantic University 2022 Accounting Question 22

Practice objective / multiple choice question 22 from the 2022 Post Utme Pan Atlantic University Accounting examination.

Post Utme Pan Atlantic University 2022 Accounting Objective / Multiple Choice
Question 22 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2022 • ACCOUNTING • objective

A company's trial balance shows a credit balance of ₦20,000 in the 'Dividends' account. However, the company's accountant has forgotten to record a payment of dividends worth ₦10,000. What is the correct amount to be recorded in the 'Dividends' account?

Answer Options

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

About This Question

This is Post Utme Pan Atlantic University 2022 Accounting Question 22. It is one of the objective questions from the 2022 Post Utme Pan Atlantic University Accounting examination.

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