Post Utme Lasu 2022 Accounting Question 20
Practice objective / multiple choice question 20 from the 2022 Post Utme Lasu Accounting examination.
A company's trial balance as at 31st December, 2022 is as follows: Accounts Payable ₦ 50,000, Accounts Receivable ₦ 30,000, Common Stock ₦ 100,000, Dividends ₦ 10,000, Equipment ₦ 80,000, Interest Expense ₦ 5,000, Interest Income ₦ 2,000, Net Income ₦ 20,000, Notes Payable ₦ 20,000, Prepaid Rent ₦ 15,000, Salaries Expense ₦ 40,000, Sales Revenue ₦ 150,000, Utilities Expense ₦ 10,000. Prepare the company's balance sheet as at 31st December, 2022.
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About This Question
This is Post Utme Lasu 2022 Accounting Question 20. It is one of the objective questions from the 2022 Post Utme Lasu Accounting examination.
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