Post Utme Crawford University 2024 Accounting Question 15

Practice objective / multiple choice question 15 from the 2024 Post Utme Crawford University Accounting examination.

Post Utme Crawford University 2024 Accounting Objective / Multiple Choice
Question 15 POST_UTME_CRAWFORD_UNIVERSITY • 2024 • ACCOUNTING • objective

A company uses the double-entry system to record its transactions. The company's ledger contains the following accounts: Cash ₦100,000, Accounts Payable ₦50,000, and Common Stock ₦200,000. Prepare the company's balance sheet.

Answer Options

A. ₦250,000
B. ₦300,000
Correct Answer C. ₦350,000
D. ₦400,000
Correct Answer
C
Correct Option:
₦350,000

About This Question

This is Post Utme Crawford University 2024 Accounting Question 15. It is one of the objective questions from the 2024 Post Utme Crawford University Accounting examination.

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