Post Utme Covenant University 2022 Accounting Question 34

Practice objective / multiple choice question 34 from the 2022 Post Utme Covenant University Accounting examination.

Post Utme Covenant University 2022 Accounting Objective / Multiple Choice
Question 34 POST_UTME_COVENANT_UNIVERSITY • 2022 • ACCOUNTING • objective

A company has the following trial balance as at December 31, 2022:

Answer Options

A. Debit: ₦100,000, Credit: ₦120,000
Correct Answer B. Debit: ₦120,000, Credit: ₦100,000
C. Debit: ₦150,000, Credit: ₦180,000
D. Debit: ₦180,000, Credit: ₦150,000
Correct Answer
B
Correct Option:
Debit: ₦120,000, Credit: ₦100,000

About This Question

This is Post Utme Covenant University 2022 Accounting Question 34. It is one of the objective questions from the 2022 Post Utme Covenant University Accounting examination.

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