Post Utme Covenant University 2018 Accounting Question 27

Practice objective / multiple choice question 27 from the 2018 Post Utme Covenant University Accounting examination.

Post Utme Covenant University 2018 Accounting Objective / Multiple Choice
Question 27 POST_UTME_COVENANT_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's control account shows a balance of ₦1,000,000. However, the company's ledger account shows a balance of ₦800,000. What is the difference between the two balances?

Answer Options

Correct Answer A. ₦200,000
B. ₦100,000
C. ₦50,000
D. ₦20,000
Correct Answer
A
Correct Option:
₦200,000

About This Question

This is Post Utme Covenant University 2018 Accounting Question 27. It is one of the objective questions from the 2018 Post Utme Covenant University Accounting examination.

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