Post Utme Futo 2022 Accounting Question 17

Practice objective / multiple choice question 17 from the 2022 Post Utme Futo Accounting examination.

Post Utme Futo 2022 Accounting Objective / Multiple Choice
Question 17 POST_UTME_FUTO • 2022 • ACCOUNTING • objective

A trial balance is prepared by a company at the end of the year. The debit balance in the trial balance is ₦150,000 and the credit balance is ₦200,000. What is the correct balance in the general ledger?

Answer Options

A. ₦50,000
B. ₦150,000
Correct Answer C. ₦200,000
D. ₦250,000
Correct Answer
C
Correct Option:
₦200,000

About This Question

This is Post Utme Futo 2022 Accounting Question 17. It is one of the objective questions from the 2022 Post Utme Futo Accounting examination.

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