Post Utme Coal City University 2022 Accounting Question 23

Practice objective / multiple choice question 23 from the 2022 Post Utme Coal City University Accounting examination.

Post Utme Coal City University 2022 Accounting Objective / Multiple Choice
Question 23 POST_UTME_COAL_CITY_UNIVERSITY • 2022 • ACCOUNTING • objective

A government agency is required to prepare a trial balance. The following balances are extracted from the ledger accounts: Debit ₦100,000, Credit ₦120,000. What is the correct balance in the trial balance?

Answer Options

A. ₦20,000
B. ₦100,000
C. ₦120,000
Correct Answer D. ₦140,000
Correct Answer
D
Correct Option:
₦140,000

About This Question

This is Post Utme Coal City University 2022 Accounting Question 23. It is one of the objective questions from the 2022 Post Utme Coal City University Accounting examination.

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