Post Utme Ksu 2021 Accounting Question 30
Practice objective / multiple choice question 30 from the 2021 Post Utme Ksu Accounting examination.
A company has a trial balance as follows: | Account | Debit | Credit | | --- | --- | --- | | Cash | ₦10,000 | ₦0 | | Accounts Payable | ₦0 | ₦5,000 | | Sales Revenue | ₦0 | ₦20,000 | | Cost of Goods Sold | ₦15,000 | ₦0 | | Net Income | ₦0 | ₦0 | What is the correct balance for the Cost of Goods Sold account?
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About This Question
This is Post Utme Ksu 2021 Accounting Question 30. It is one of the objective questions from the 2021 Post Utme Ksu Accounting examination.
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