Post Utme Futa 2018 Accounting Question 10

Practice objective / multiple choice question 10 from the 2018 Post Utme Futa Accounting examination.

Post Utme Futa 2018 Accounting Objective / Multiple Choice
Question 10 POST_UTME_FUTA • 2018 • ACCOUNTING • objective

A company's trial balance shows the following balances: | Account | Debit | Credit | | --- | --- | --- | | Sales | ₦100,000 | | | Purchases | | ₦150,000 | | Wages | ₦20,000 | | | Rent | | ₦30,000 | What is the total of the trial balance?

Answer Options

A. ₦200,000
B. ₦250,000
Correct Answer C. ₦300,000
D. ₦350,000
Correct Answer
C
Correct Option:
₦300,000

About This Question

This is Post Utme Futa 2018 Accounting Question 10. It is one of the objective questions from the 2018 Post Utme Futa 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