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    alstewart2's Avatar
    alstewart2 Posts: 2, Reputation: 1
    New Member
     
    #1

    Sep 21, 2012, 09:12 AM
    Dividend on trial balance
    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's Avatar
    paraclete Posts: 2,706, Reputation: 173
    Ultra Member
     
    #2

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

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