Post Utme Lasu 2017 Accounting Question 19

Practice objective / multiple choice question 19 from the 2017 Post Utme Lasu Accounting examination.

Post Utme Lasu 2017 Accounting Objective / Multiple Choice

Question 19 POST_UTME_LASU • 2017 • ACCOUNTING • objective

A company has the following ledger balances: Cash £ 10,000, Bank £ 20,000, Debtors £ 30,000, Creditors £ 40,000. Prepare a trial balance.

Correct Answer A. Cash £ 10,000, Bank £ 20,000, Debtors £ 30,000, Creditors £ 40,000

B. Cash £ 20,000, Bank £ 10,000, Debtors £ 40,000, Creditors £ 30,000

C. Cash £ 30,000, Bank £ 40,000, Debtors £ 20,000, Creditors £ 10,000

D. Cash £ 40,000, Bank £ 30,000, Debtors £ 10,000, Creditors £ 20,000

Correct Answer

Correct Option:

Cash £ 10,000, Bank £ 20,000, Debtors £ 30,000, Creditors £ 40,000

This is Post Utme Lasu 2017 Accounting Question 19. It is one of the objective questions from the 2017 Post Utme Lasu Accounting examination.

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