Post Utme Afe Babalola University 2023 Accounting Question 34

Practice objective / multiple choice question 34 from the 2023 Post Utme Afe Babalola University Accounting examination.

Post Utme Afe Babalola University 2023 Accounting Objective / Multiple Choice
Question 34 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2023 • ACCOUNTING • objective

A company has the following trial balance: Accounts Payable ₦100,000, Sales ₦500,000, Cost of Goods Sold ₦200,000, Purchases ₦150,000, Cash ₦50,000. Prepare the adjusted trial balance.

Answer Options

Correct Answer A. Accounts Payable ₦100,000, Sales ₦500,000, Cost of Goods Sold ₦200,000, Purchases ₦150,000, Cash ₦50,000
B. Accounts Payable ₦100,000, Sales ₦500,000, Cost of Goods Sold ₦200,000, Purchases ₦150,000, Cash ₦50,000
C. Accounts Payable ₦100,000, Sales ₦500,000, Cost of Goods Sold ₦200,000, Purchases ₦150,000, Cash ₦50,000
D. Accounts Payable ₦100,000, Sales ₦500,000, Cost of Goods Sold ₦200,000, Purchases ₦150,000, Cash ₦50,000
Correct Answer
A
Correct Option:
Accounts Payable ₦100,000, Sales ₦500,000, Cost of Goods Sold ₦200,000, Purchases ₦150,000, Cash ₦50,000

About This Question

This is Post Utme Afe Babalola University 2023 Accounting Question 34. It is one of the objective questions from the 2023 Post Utme Afe Babalola University Accounting examination.

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