Post Utme Bsu 2020 Accounting Question 27

Practice objective / multiple choice question 27 from the 2020 Post Utme Bsu Accounting examination.

Post Utme Bsu 2020 Accounting Objective / Multiple Choice
Question 27 POST_UTME_BSU • 2020 • ACCOUNTING • objective
SHARED STIMULUS
Assets: ₦1,500,000, Capital: ₦1,000,000, Drawings: ₦50,000, Expenses: ₦200,000, Liabilities: ₦500,000, Profit: ₦50,000, Sales: ₦2,000,000, Wages: ₦100,000

A company has the following trial balance as at 31st December, 2022.

Answer Options

A. ₦1,500,000
B. ₦1,800,000
Correct Answer C. ₦2,000,000
D. ₦2,500,000
Correct Answer
C
Correct Option:
₦2,000,000

About This Question

This is Post Utme Bsu 2020 Accounting Question 27. It is one of the objective questions from the 2020 Post Utme Bsu 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