Post Utme Esut 2023 Accounting Question 19

Practice objective / multiple choice question 19 from the 2023 Post Utme Esut Accounting examination.

Post Utme Esut 2023 Accounting Objective / Multiple Choice
Question 19 POST_UTME_ESUT • 2023 • ACCOUNTING • objective

A company has a control account for 'Accounts Payable' with a balance of ₦50,000. If it receives a payment of ₦20,000 from a customer, what is the new balance in the control account?

Answer Options

Correct Answer A. ₦30,000
B. ₦40,000
C. ₦50,000
D. ₦60,000
Correct Answer
A
Correct Option:
₦30,000

About This Question

This is Post Utme Esut 2023 Accounting Question 19. It is one of the objective questions from the 2023 Post Utme Esut Accounting examination.

View More Post Utme Esut 2023 Accounting Questions More Post Utme Esut Practice Questions Back to Questions

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