Post Utme Lautech 2019 Accounting Question 13

Practice objective / multiple choice question 13 from the 2019 Post Utme Lautech Accounting examination.

Post Utme Lautech 2019 Accounting Objective / Multiple Choice
Question 13 POST_UTME_LAUTECH • 2019 • ACCOUNTING • objective

A company has the following trial balance: Debit ₦10,000 Cash ₦20,000 Office Supplies ₦30,000 Equipment Credit ₦15,000 Accounts Payable ₦25,000 Accounts Receivable What is the correct balance in the 'Office Supplies' account?

Answer Options

Correct Answer A. ₦20,000
B. ₦25,000
C. ₦30,000
D. ₦35,000
Correct Answer
A
Correct Option:
₦20,000

About This Question

This is Post Utme Lautech 2019 Accounting Question 13. It is one of the objective questions from the 2019 Post Utme Lautech Accounting examination.

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