Post Utme Afe Babalola University 2021 Accounting Question 15

Practice objective / multiple choice question 15 from the 2021 Post Utme Afe Babalola University Accounting examination.

Post Utme Afe Babalola University 2021 Accounting Objective / Multiple Choice
Question 15 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2021 • ACCOUNTING • objective

A company's trial balance shows a debit balance of ₦200,000 in the accounts receivable account. What is the effect on the company's net profit?

Answer Options

Correct Answer A. ₦200,000
B. ₦300,000
C. ₦400,000
D. ₦500,000
Correct Answer
A
Correct Option:
₦200,000

About This Question

This is Post Utme Afe Babalola University 2021 Accounting Question 15. It is one of the objective questions from the 2021 Post Utme Afe Babalola University Accounting examination.

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