Post Utme Al Hikmah University 2017 Accounting Question 35

Practice objective / multiple choice question 35 from the 2017 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2017 Accounting Objective / Multiple Choice

Question 35 POST_UTME_AL-HIKMAH_UNIVERSITY • 2017 • ACCOUNTING • objective

A company has the following ledger balances: Share Capital ₦100,000; Profit and Loss Account ₦20,000. Prepare a balance sheet.

Answer Options

Correct Answer A. ₦100,000; ₦20,000

B. ₦20,000; ₦100,000

C. ₦100,000; ₦50,000

D. ₦50,000; ₦100,000

Correct Answer

Correct Option:

₦100,000; ₦20,000

About This Question

This is Post Utme Al Hikmah University 2017 Accounting Question 35. It is one of the objective questions from the 2017 Post Utme Al Hikmah University Accounting examination.

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