Post Utme Caleb University 2020 Accounting Question 22

Practice objective / multiple choice question 22 from the 2020 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2020 Accounting Objective / Multiple Choice
Question 22 POST_UTME_CALEB_UNIVERSITY • 2020 • ACCOUNTING • objective

A company's trial balance showed the following balances: Accounts Payable ₦50,000, Accounts Receivable ₦30,000, Common Stock ₦100,000, Retained Earnings ₦20,000. Prepare a balance sheet.

Answer Options

A. ₦50,000
B. ₦30,000
Correct Answer C. ₦100,000
D. ₦20,000
Correct Answer
C
Correct Option:
₦100,000

About This Question

This is Post Utme Caleb University 2020 Accounting Question 22. It is one of the objective questions from the 2020 Post Utme Caleb University Accounting examination.

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