Post Utme Achievers University 2022 Accounting Question 3

Practice objective / multiple choice question 3 from the 2022 Post Utme Achievers University Accounting examination.

Post Utme Achievers University 2022 Accounting Objective / Multiple Choice
Question 3 POST_UTME_ACHIEVERS_UNIVERSITY • 2022 • ACCOUNTING • objective

A company's balance sheet shows the following: ₦10,000 cash; ₦0,000 accounts receivable; ₦0,000 accounts payable. Prepare the balance sheet.

Answer Options

A. Balance Sheet: ₦10,000 cash; ₦0,000 accounts receivable; ₦0,000 accounts payable
B. Balance Sheet: ₦10,000 cash; ₦0,000 accounts payable; ₦0,000 accounts receivable
Correct Answer C. Balance Sheet: ₦10,000 cash; ₦0,000 accounts receivable; ₦0,000 accounts payable
D. Balance Sheet: ₦10,000 cash; ₦0,000 accounts payable; ₦0,000 accounts receivable
Correct Answer
C
Correct Option:
Balance Sheet: ₦10,000 cash; ₦0,000 accounts receivable; ₦0,000 accounts payable

About This Question

This is Post Utme Achievers University 2022 Accounting Question 3. It is one of the objective questions from the 2022 Post Utme Achievers University Accounting examination.

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