Post Utme Achievers University 2021 Accounting Question 32

Practice objective / multiple choice question 32 from the 2021 Post Utme Achievers University Accounting examination.

Post Utme Achievers University 2021 Accounting Objective / Multiple Choice
Question 32 POST_UTME_ACHIEVERS_UNIVERSITY • 2021 • ACCOUNTING • objective

The following is a trial balance for a company: Debit Cr. Credit Cash 100,000 100,000 Bank 50,000 50,000 Accounts Payable 20,000 20,000 Sales Revenue 150,000 150,000 Cost of Goods Sold 80,000 80,000 Drawings 10,000 10,000 What is the balance in the company's capital account?

Answer Options

Correct Answer A. ₦50,000
B. ₦60,000
C. ₦70,000
D. ₦80,000
Correct Answer
A
Correct Option:
₦50,000

About This Question

This is Post Utme Achievers University 2021 Accounting Question 32. It is one of the objective questions from the 2021 Post Utme Achievers University Accounting examination.

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