Post Utme Abu 2021 Accounting Question 20

Practice objective / multiple choice question 20 from the 2021 Post Utme Abu Accounting examination.

Post Utme Abu 2021 Accounting Objective / Multiple Choice
Question 20 POST_UTME_ABU • 2021 • ACCOUNTING • objective

A company's trial balance as at December 31, 2021, shows a debit balance of ₦100,000 in the account of 'Accrued Expenses'. Calculate the credit balance in the account of 'Accrued Income'.

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 2021 Accounting Question 20. It is one of the objective questions from the 2021 Post Utme Abu Accounting examination.

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