Post Utme Caleb University 2018 Accounting Question 15

Practice objective / multiple choice question 15 from the 2018 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2018 Accounting Objective / Multiple Choice
Question 15 POST_UTME_CALEB_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's trial balance showed the following balances: Accounts Payable ₦50,000, Sales Revenue ₦200,000, Cost of Goods Sold ₦150,000, and Common Stock ₦100,000. Prepare the company's balance sheet.

Answer Options

A. ₦50,000
B. ₦200,000
C. ₦150,000
Correct Answer D. ₦100,000
Correct Answer
D
Correct Option:
₦100,000

About This Question

This is Post Utme Caleb University 2018 Accounting Question 15. It is one of the objective questions from the 2018 Post Utme Caleb University Accounting examination.

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