Post Utme Al Hikmah University 2020 Accounting Question 11
Practice objective / multiple choice question 11 from the 2020 Post Utme Al Hikmah University Accounting examination.
A company uses a self-balancing ledger to record its transactions. The ledger has the following accounts: Cash, Accounts Payable, Accounts Receivable, and Sales. The ledger also has a control account called 'Total Assets'. If the company's cash account balance is ₦150,000 and its accounts payable balance is ₦75,000, what is the balance in the 'Total Assets' control account?
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About This Question
This is Post Utme Al Hikmah University 2020 Accounting Question 11. It is one of the objective questions from the 2020 Post Utme Al Hikmah University Accounting examination.
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