Post Utme Covenant University 2022 Accounting Question 12

Practice objective / multiple choice question 12 from the 2022 Post Utme Covenant University Accounting examination.

Post Utme Covenant University 2022 Accounting Objective / Multiple Choice
Question 12 POST_UTME_COVENANT_UNIVERSITY • 2022 • ACCOUNTING • objective

A company's trial balance showed the following balances: Accounts Payable ₦50,000, Accounts Receivable ₦30,000, and Common Stock ₦100,000. Prepare the company's balance sheet.

Answer Options

A. ₦180,000
Correct Answer B. ₦200,000
C. ₦220,000
D. ₦240,000
Correct Answer
B
Correct Option:
₦200,000

About This Question

This is Post Utme Covenant University 2022 Accounting Question 12. It is one of the objective questions from the 2022 Post Utme Covenant University Accounting examination.

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