Post Utme Aaua 2019 Accounting Question 7

Practice objective / multiple choice question 7 from the 2019 Post Utme Aaua Accounting examination.

Post Utme Aaua 2019 Accounting Objective / Multiple Choice
Question 7 POST_UTME_AAUA • 2019 • ACCOUNTING • objective

A company's trial balance as at 31st December 2022 is as follows: Assets: Cash ₦50,000 Debtors ₦100,000 Stock ₦150,000 Equipment ₦200,000 Accruals ₦20,000 Liabilities: Creditors ₦80,000 Capital ₦200,000 Prepare the company's balance sheet as at 31st December 2022.

Answer Options

Correct Answer A. ₦50,000 Cash, ₦100,000 Debtors, ₦150,000 Stock, ₦200,000 Equipment, ₦20,000 Accruals, ₦80,000 Creditors, ₦200,000 Capital
B. ₦50,000 Cash, ₦100,000 Debtors, ₦150,000 Stock, ₦200,000 Equipment, ₦20,000 Accruals, ₦80,000 Capital, ₦200,000 Creditors
C. ₦50,000 Cash, ₦100,000 Stock, ₦150,000 Equipment, ₦200,000 Debtors, ₦20,000 Accruals, ₦80,000 Creditors, ₦200,000 Capital
D. ₦50,000 Cash, ₦100,000 Debtors, ₦150,000 Stock, ₦200,000 Equipment, ₦20,000 Creditors, ₦80,000 Accruals, ₦200,000 Capital
Correct Answer
A
Correct Option:
₦50,000 Cash, ₦100,000 Debtors, ₦150,000 Stock, ₦200,000 Equipment, ₦20,000 Accruals, ₦80,000 Creditors, ₦200,000 Capital

About This Question

This is Post Utme Aaua 2019 Accounting Question 7. It is one of the objective questions from the 2019 Post Utme Aaua Accounting examination.

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