PDA

View Full Version : Dividend on trial balance


alstewart2
Sep 21, 2012, 09:12 AM
Question: Does anyone know what category the dividend amount would be classified, when completing the trial balance .
Example. Paid cash dividend of $1000

Would this be under the Cash category in trial balance?

Thanks!

paraclete
Sep 21, 2012, 04:06 PM
No it would go under dividends paid