Post Utme Elizade University 2023 Accounting Question 2

Practice objective / multiple choice question 2 from the 2023 Post Utme Elizade University Accounting examination.

Post Utme Elizade University 2023 Accounting Objective / Multiple Choice
Question 2 POST_UTME_ELIZADE_UNIVERSITY • 2023 • ACCOUNTING • objective

A company's trial balance as at 31st December 2022 is as follows: Debit £ 10,000 £ 20,000 £ 30,000 £ 40,000 £ 50,000 £ 60,000 £ 70,000 £ 80,000 £ 90,000 £ 100,000 Credit £ 10,000 £ 20,000 £ 30,000 £ 40,000 £ 50,000 £ 60,000 £ 70,000 £ 80,000 £ 90,000 £ 100,000 What is the total of the debit balances?

Answer Options

Correct Answer A. £ 500,000
B. £ 600,000
C. £ 700,000
D. £ 800,000
Correct Answer
A
Correct Option:
£ 500,000

About This Question

This is Post Utme Elizade University 2023 Accounting Question 2. It is one of the objective questions from the 2023 Post Utme Elizade University Accounting examination.

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