Post Utme Futo 2020 Accounting Question 19

Practice objective / multiple choice question 19 from the 2020 Post Utme Futo Accounting examination.

Post Utme Futo 2020 Accounting Objective / Multiple Choice
Question 19 POST_UTME_FUTO • 2020 • ACCOUNTING • objective

A company's control account for Accounts Payable shows a balance of ₦150,000. The company's ledger account for Accounts Payable shows a balance of ₦120,000. What is the difference between the two balances?

Answer Options

A. ₦10,000
Correct Answer B. ₦20,000
C. ₦30,000
D. ₦40,000
Correct Answer
B
Correct Option:
₦20,000

About This Question

This is Post Utme Futo 2020 Accounting Question 19. It is one of the objective questions from the 2020 Post Utme Futo 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