Post Utme Delsu 2019 Accounting Question 5

Practice objective / multiple choice question 5 from the 2019 Post Utme Delsu Accounting examination.

Post Utme Delsu 2019 Accounting Objective / Multiple Choice
Question 5 POST_UTME_DELSU • 2019 • ACCOUNTING • objective

A company has the following transactions: Purchased goods for ₦100,000 on credit; Sold goods for ₦120,000 on credit. What is the total amount of accounts payable?

Answer Options

A. ₦100,000
Correct Answer B. ₦120,000
C. ₦140,000
D. ₦160,000
Correct Answer
B
Correct Option:
₦120,000

About This Question

This is Post Utme Delsu 2019 Accounting Question 5. It is one of the objective questions from the 2019 Post Utme Delsu Accounting examination.

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