Post Utme Rhema University 2018 Accounting Question 18

Practice objective / multiple choice question 18 from the 2018 Post Utme Rhema University Accounting examination.

Post Utme Rhema University 2018 Accounting Objective / Multiple Choice
Question 18 POST_UTME_RHEMA_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's trial balance shows a credit balance of ₦20,000 in the account 'Dividends Paid'. However, the company's accounting records show that it has not paid any dividends to its shareholders. What is the likely cause of this discrepancy?

Answer Options

Correct Answer A. Error in recording dividends paid
B. Error in recording dividends received
C. Error in preparing the trial balance
D. Error in accounting records
Correct Answer
A
Correct Option:
Error in recording dividends paid

About This Question

This is Post Utme Rhema University 2018 Accounting Question 18. It is one of the objective questions from the 2018 Post Utme Rhema University Accounting examination.

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