Post Utme Esut 2017 Accounting Question 14

Practice objective / multiple choice question 14 from the 2017 Post Utme Esut Accounting examination.

Post Utme Esut 2017 Accounting Objective / Multiple Choice
Question 14 POST_UTME_ESUT • 2017 • ACCOUNTING • objective

A company's ledger showed a debit balance of ₦ 5,000. However, the trial balance showed a credit balance of ₦ 3,000. What is the correct balance of the company's ledger?

Answer Options

A. ₦ 2,000
Correct Answer B. ₦ 3,000
C. ₦ 5,000
D. ₦ 7,000
Correct Answer
B
Correct Option:
₦ 3,000

About This Question

This is Post Utme Esut 2017 Accounting Question 14. It is one of the objective questions from the 2017 Post Utme Esut Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support