Post Utme Lasu 2021 Accounting Question 28

Practice objective / multiple choice question 28 from the 2021 Post Utme Lasu Accounting examination.

Post Utme Lasu 2021 Accounting Objective / Multiple Choice
Question 28 POST_UTME_LASU • 2021 • ACCOUNTING • objective

A company has the following trial balance: Debitors ₦100,000, Creditors ₦80,000, Capital ₦50,000, Profit and Loss Account ₦20,000. Prepare the balance sheet and the statement of profit or loss.

Answer Options

A. ₦120,000
B. ₦130,000
Correct Answer C. ₦140,000
D. ₦150,000
Correct Answer
C
Correct Option:
₦140,000

About This Question

This is Post Utme Lasu 2021 Accounting Question 28. It is one of the objective questions from the 2021 Post Utme Lasu Accounting examination.

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