Post Utme Lasu 2022 Accounting Question 27

Practice objective / multiple choice question 27 from the 2022 Post Utme Lasu Accounting examination.

Post Utme Lasu 2022 Accounting Objective / Multiple Choice
Question 27 POST_UTME_LASU • 2022 • ACCOUNTING • objective

A company's trial balance as at 31st December is as follows: Cash: ₦50,000; Accounts Payable: ₦20,000; Common Stock: ₦100,000; Retained Earnings: ₦80,000. Prepare a balance sheet for the company.

Answer Options

A. ₦150,000
B. ₦200,000
C. ₦250,000
Correct Answer D. ₦300,000
Correct Answer
D
Correct Option:
₦300,000

About This Question

This is Post Utme Lasu 2022 Accounting Question 27. It is one of the objective questions from the 2022 Post Utme Lasu Accounting examination.

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