Post Utme Al Hikmah University 2017 Commerce Question 28

Practice objective / multiple choice question 28 from the 2017 Post Utme Al Hikmah University Commerce examination.

Post Utme Al Hikmah University 2017 Commerce Objective / Multiple Choice
Question 28 POST_UTME_AL-HIKMAH_UNIVERSITY • 2017 • COMMERCE • objective

A company uses the 'Matching Principle' to account for its expenses. If the company has a 'Salaries Expense' of ₦200,000 and a 'Salaries Payable' of ₦150,000, what is the 'Accrued Salaries'?

Answer Options

A. ₦50,000
B. ₦75,000
Correct Answer C. ₦100,000
D. ₦125,000
Correct Answer
C
Correct Option:
₦100,000

About This Question

This is Post Utme Al Hikmah University 2017 Commerce Question 28. It is one of the objective questions from the 2017 Post Utme Al Hikmah University Commerce examination.

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