Post Utme Joseph Ayo Babalola University 2024 Accounting Question 4

Practice objective / multiple choice question 4 from the 2024 Post Utme Joseph Ayo Babalola University Accounting examination.

Post Utme Joseph Ayo Babalola University 2024 Accounting Objective / Multiple Choice
Question 4 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2024 • ACCOUNTING • objective

A company's trading account showed a profit of £ 50,000. The company's profit and loss account showed a profit of £ 60,000. Calculate the company's balance sheet.

Answer Options

A. £ 100,000
B. £ 120,000
C. £ 140,000
Correct Answer D. £ 160,000
Correct Answer
D
Correct Option:
£ 160,000

About This Question

This is Post Utme Joseph Ayo Babalola University 2024 Accounting Question 4. It is one of the objective questions from the 2024 Post Utme Joseph Ayo Babalola University Accounting examination.

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