Post Utme Christopher University 2018 Accounting Question 7

Practice objective / multiple choice question 7 from the 2018 Post Utme Christopher University Accounting examination.

Post Utme Christopher University 2018 Accounting Objective / Multiple Choice
Question 7 POST_UTME_CHRISTOPHER_UNIVERSITY • 2018 • ACCOUNTING • objective

A company has the following transactions related to its accounts payable: | Date | Description | Amount | | --- | --- | --- | | Jan 1 | Purchase of goods | ₦10,000 | | Jan 15 | Payment to supplier | ₦8,000 | | Feb 1 | Purchase of goods | ₦12,000 | | Feb 15 | Payment to supplier | ₦10,000 | What is the total amount of accounts payable at the end of February?

Answer Options

A. ₦14,000
B. ₦16,000
Correct Answer C. ₦18,000
D. ₦20,000
Correct Answer
C
Correct Option:
₦18,000

About This Question

This is Post Utme Christopher University 2018 Accounting Question 7. It is one of the objective questions from the 2018 Post Utme Christopher University Accounting examination.

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