Post Utme Bells University 2018 Accounting Question 41

Practice objective / multiple choice question 41 from the 2018 Post Utme Bells University Accounting examination.

Post Utme Bells University 2018 Accounting Objective / Multiple Choice
Question 41 POST_UTME_BELLS_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's balance sheet as at 31 Dec is as follows: | Assets | ₦ | Liabilities | ₦ | | --- | --- | --- | --- | | Cash | 50,000 | Bank Loan | 100,000 | | Debtors | 150,000 | Share Capital | 200,000 | | Stock | 100,000 | Retained Earnings | 50,000 | | Total | 300,000 | Total | 450,000 | What is the ratio of debtors to stock?

Answer Options

A. 1.5:1
Correct Answer B. 2:1
C. 1:1.5
D. 1:2
Correct Answer
B
Correct Option:
2:1

About This Question

This is Post Utme Bells University 2018 Accounting Question 41. It is one of the objective questions from the 2018 Post Utme Bells University Accounting examination.

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