Post Utme Elizade University 2024 Accounting Question 25

Practice objective / multiple choice question 25 from the 2024 Post Utme Elizade University Accounting examination.

Post Utme Elizade University 2024 Accounting Objective / Multiple Choice
Question 25 POST_UTME_ELIZADE_UNIVERSITY • 2024 • ACCOUNTING • objective

A company has two departments: Manufacturing and Sales. The Manufacturing department has a balance of ₦1,500,000 in its control account, while the Sales department has a balance of ₦800,000 in its control account. If the company's total assets are ₦5,000,000, what is the balance in the Manufacturing department's control account after the company's final accounts have been prepared?

Answer Options

A. ₦1,200,000
Correct Answer B. ₦1,500,000
C. ₦1,800,000
D. ₦2,000,000
Correct Answer
B
Correct Option:
₦1,500,000

About This Question

This is Post Utme Elizade University 2024 Accounting Question 25. It is one of the objective questions from the 2024 Post Utme Elizade University Accounting examination.

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