Post Utme Futa 2025 Accounting Question 39
Practice objective / multiple choice question 39 from the 2025 Post Utme Futa Accounting examination.
A company's trial balance as of December 31, 2025, is as follows: Debit Credit Cash ₦120,000 ₦0 Accounts Receivable ₦150,000 ₦0 Prepaid Rent ₦30,000 ₦0 Equipment ₦200,000 ₦0 Accumulated Depreciation ₦40,000 ₦0 Salaries Expense ₦50,000 ₦0 Rent Expense ₦20,000 ₦0 What is the correct balance in the Accumulated Depreciation account?
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About This Question
This is Post Utme Futa 2025 Accounting Question 39. It is one of the objective questions from the 2025 Post Utme Futa Accounting examination.
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