A-LevelAccountingCompany AccountsOct/Nov 2019Paper 1 Q181 Mark
A company's year end is 31 December. During the year ended 31 December 2018 it paid the following dividends: $ final dividend for the year ended 31 December 2017 15000 interim dividend for the year ended 31 December 2018 8000 On 1 February 2019 it declared a final dividend of $10000 for the year ended 31 December 2018. How much should be recorded for dividends in the statement of changes in equity for the year ended 31 December 2018?
A$8000
B$18000
C$23000
D$33000
✓ Correct Answer
The correct answer is C. This question tests the candidate's understanding of company accounts within the Accountingsyllabus. The examiner's mark scheme requires...
📋 Examiner Report & Trap Analysis
Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
🔒
Unlock the Examiner's Answer
Sign up for free to reveal the correct answer, the official mark scheme breakdown, and the examiner trap analysis for this question.
Sign Up Free to Unlock →Join thousands of Cambridge students already using Oracle Prep