Post Utme Covenant University 2019 Accounting Question 3
Practice objective / multiple choice question 3 from the 2019 Post Utme Covenant University Accounting examination.
A company has the following transactions related to its accounts payable account: Jan 1: Accounts payable: ₦50,000 Jan 10: Purchased goods on credit from suppliers: ₦30,000 Jan 15: Paid cash to suppliers: ₦20,000 Jan 20: Purchased goods on credit from suppliers: ₦25,000 What is the balance in the accounts payable account on January 31?
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About This Question
This is Post Utme Covenant University 2019 Accounting Question 3. It is one of the objective questions from the 2019 Post Utme Covenant University Accounting examination.
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