Post Utme Babcock University 2025 Accounting Question 4

Practice objective / multiple choice question 4 from the 2025 Post Utme Babcock University Accounting examination.

Post Utme Babcock University 2025 Accounting Objective / Multiple Choice
Question 4 POST_UTME_BABCOCK_UNIVERSITY • 2025 • ACCOUNTING • objective

A company has the following transactions related to its accounts payable: | Date | Description | Amount | | --- | --- | --- | | 1/1 | Purchase of goods | ₦100,000 | | 1/15 | Payment of accounts payable | ₦50,000 | | 2/1 | Purchase of goods | ₦150,000 | | 2/15 | Payment of accounts payable | ₦75,000 | What is the balance of the accounts payable at the end of February?

Answer Options

A. ₦25,000
B. ₦50,000
Correct Answer C. ₦75,000
D. ₦100,000
Correct Answer
C
Correct Option:
₦75,000

About This Question

This is Post Utme Babcock University 2025 Accounting Question 4. It is one of the objective questions from the 2025 Post Utme Babcock University Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support