Post Utme Ims U 2017 Accounting Question 16

Practice objective / multiple choice question 16 from the 2017 Post Utme Ims U Accounting examination.

Post Utme Ims U 2017 Accounting Objective / Multiple Choice

Question 16 POST_UTME_IMS_U • 2017 • ACCOUNTING • objective

SHARED STIMULUS

                            The company's total assets increased by ₦20,000 during the year.

                        

A company uses the incomplete records method to record its transactions. The following transactions occurred during the year:

Answer Options

A. ₦100,000

Correct Answer B. ₦120,000

C. ₦150,000

D. ₦180,000

Correct Answer

Correct Option:

₦120,000

About This Question

This is Post Utme Ims U 2017 Accounting Question 16. It is one of the objective questions from the 2017 Post Utme Ims U Accounting examination.

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