Post Utme Igbinedion University 2023 Accounting Question 34

Practice objective / multiple choice question 34 from the 2023 Post Utme Igbinedion University Accounting examination.

Post Utme Igbinedion University 2023 Accounting Objective / Multiple Choice
Question 34 POST_UTME_IGBINEDION_UNIVERSITY • 2023 • ACCOUNTING • objective

A company has a trial balance as follows: Accounts Receivable ₦50,000, Accounts Payable ₦30,000, Sales Revenue ₦200,000, Cost of Goods Sold ₦150,000. Prepare a balance sheet.

Answer Options

A. ₦150,000
Correct Answer B. ₦200,000
C. ₦250,000
D. ₦300,000
Correct Answer
B
Correct Option:
₦200,000

About This Question

This is Post Utme Igbinedion University 2023 Accounting Question 34. It is one of the objective questions from the 2023 Post Utme Igbinedion University Accounting examination.

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