Post Utme Futa 2022 Accounting Question 14
Practice objective / multiple choice question 14 from the 2022 Post Utme Futa Accounting examination.
A company has a departmental account for the year ended 31st December 2022. The departmental account shows a balance of ₦20,000 in the beginning of the year and a balance of ₦15,000 at the end of the year. If the departmental account has a credit balance of ₦5,000, what is the amount of the departmental account that has been transferred to the general ledger?
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About This Question
This is Post Utme Futa 2022 Accounting Question 14. It is one of the objective questions from the 2022 Post Utme Futa Accounting examination.
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