Post Utme Aaua 2020 Accounting Question 39

Practice objective / multiple choice question 39 from the 2020 Post Utme Aaua Accounting examination.

Post Utme Aaua 2020 Accounting Objective / Multiple Choice
Question 39 POST_UTME_AAUA • 2020 • ACCOUNTING • objective

A company has the following trial balance: Accounts Payable ₦ 10,000, Accounts Receivable ₦ 5,000, Sales Revenue ₦ 50,000, Cost of Goods Sold ₦ 30,000. Prepare a balance sheet.

Answer Options

A. ₦ 10,000
B. ₦ 15,000
Correct Answer C. ₦ 20,000
D. ₦ 25,000
Correct Answer
C
Correct Option:
₦ 20,000

About This Question

This is Post Utme Aaua 2020 Accounting Question 39. It is one of the objective questions from the 2020 Post Utme Aaua Accounting examination.

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