Post Utme Abu 2018 Accounting Question 35

Practice objective / multiple choice question 35 from the 2018 Post Utme Abu Accounting examination.

Post Utme Abu 2018 Accounting Objective / Multiple Choice
Question 35 POST_UTME_ABU • 2018 • ACCOUNTING • objective

A company's trial balance showed the following balances: Accounts Payable ₦50,000, Accounts Receivable ₦20,000, Common Stock ₦100,000, Dividends ₦10,000, Retained Earnings ₦30,000. Prepare a balance sheet.

Answer Options

A. ₦150,000
Correct Answer B. ₦200,000
C. ₦250,000
D. ₦300,000
Correct Answer
B
Correct Option:
₦200,000

About This Question

This is Post Utme Abu 2018 Accounting Question 35. It is one of the objective questions from the 2018 Post Utme Abu Accounting examination.

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