Post Utme Abu 2021 Accounting Question 22

Practice objective / multiple choice question 22 from the 2021 Post Utme Abu Accounting examination.

Post Utme Abu 2021 Accounting Objective / Multiple Choice
Question 22 POST_UTME_ABU • 2021 • ACCOUNTING • objective

A company's trial balance showed a debit balance of ₦50,000 in the accounts payable account. However, the company's ledger showed a credit balance of ₦20,000 in the accounts payable account. What is the correct balance in the accounts payable account?

Answer Options

Correct Answer A. ₦30,000
B. ₦40,000
C. ₦50,000
D. ₦60,000
Correct Answer
A
Correct Option:
₦30,000

About This Question

This is Post Utme Abu 2021 Accounting Question 22. It is one of the objective questions from the 2021 Post Utme Abu Accounting examination.

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