Post Utme Covenant University 2020 Accounting Question 28

Practice objective / multiple choice question 28 from the 2020 Post Utme Covenant University Accounting examination.

Post Utme Covenant University 2020 Accounting Objective / Multiple Choice
Question 28 POST_UTME_COVENANT_UNIVERSITY • 2020 • ACCOUNTING • objective

A company has the following ledger balances: Cash = ₦50,000, Bank = ₦100,000, Debtors = ₦150,000, Creditors = ₦50,000. Prepare the trial balance.

Answer Options

A. ₦350,000
Correct Answer B. ₦400,000
C. ₦450,000
D. ₦500,000
Correct Answer
B
Correct Option:
₦400,000

About This Question

This is Post Utme Covenant University 2020 Accounting Question 28. It is one of the objective questions from the 2020 Post Utme Covenant University Accounting examination.

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