Post Utme Bells University 2023 Accounting Question 17

Practice objective / multiple choice question 17 from the 2023 Post Utme Bells University Accounting examination.

Post Utme Bells University 2023 Accounting Objective / Multiple Choice
Question 17 POST_UTME_BELLS_UNIVERSITY • 2023 • ACCOUNTING • objective

A company's trial balance shows the following balances: Accounts Payable ₦150,000, Sales Revenue ₦500,000, Cost of Goods Sold ₦300,000, and Common Stock ₦200,000. Prepare a balance sheet.

Answer Options

Correct Answer A. ₦1,250,000
B. ₦1,200,000
C. ₦1,300,000
D. ₦1,350,000
Correct Answer
A
Correct Option:
₦1,250,000

About This Question

This is Post Utme Bells University 2023 Accounting Question 17. It is one of the objective questions from the 2023 Post Utme Bells University Accounting examination.

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