Post Utme Eksu 2024 Accounting Question 37

Practice objective / multiple choice question 37 from the 2024 Post Utme Eksu Accounting examination.

Post Utme Eksu 2024 Accounting Objective / Multiple Choice
Question 37 POST_UTME_EKSU • 2024 • ACCOUNTING • objective

A company has a departmental account for its manufacturing department. The department has a beginning balance of ₦100,000 and a credit of ₦50,000 from the sales department. If the department incurs a debit of ₦20,000 from the raw materials department and a credit of ₦30,000 from the finished goods department, what is the balance in the departmental account?

Answer Options

Correct Answer A. ₦150,000
B. ₦160,000
C. ₦170,000
D. ₦180,000
Correct Answer
A
Correct Option:
₦150,000

About This Question

This is Post Utme Eksu 2024 Accounting Question 37. It is one of the objective questions from the 2024 Post Utme Eksu Accounting examination.

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