Post Utme Ims U 2019 Accounting Question 7

Practice objective / multiple choice question 7 from the 2019 Post Utme Ims U Accounting examination.

Post Utme Ims U 2019 Accounting Objective / Multiple Choice
Question 7 POST_UTME_IMS_U • 2019 • ACCOUNTING • objective
SHARED STIMULUS
Assets ₦150,000, Liabilities ₦50,000, Capital ₦100,000

A company's trial balance as at 31st December, 2022, showed the following balances:

Answer Options

A. ₦120,000
Correct Answer B. ₦150,000
C. ₦180,000
D. ₦200,000
Correct Answer
B
Correct Option:
₦150,000

About This Question

This is Post Utme Ims U 2019 Accounting Question 7. It is one of the objective questions from the 2019 Post Utme Ims U 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