Post Utme Lautech 2021 Accounting Question 18

Practice objective / multiple choice question 18 from the 2021 Post Utme Lautech Accounting examination.

Post Utme Lautech 2021 Accounting Objective / Multiple Choice
Question 18 POST_UTME_LAUTECH • 2021 • ACCOUNTING • objective

A company's trial balance shows the following balances: Accounts Payable: ₦50,000, Sales Revenue: ₦150,000, Cost of Goods Sold: ₦80,000. Prepare a corrected trial balance.

Answer Options

Correct Answer A. ₦50,000, ₦150,000, ₦80,000
B. ₦50,000, ₦150,000, ₦120,000
C. ₦50,000, ₦120,000, ₦80,000
D. ₦50,000, ₦120,000, ₦150,000
Correct Answer
A
Correct Option:
₦50,000, ₦150,000, ₦80,000

About This Question

This is Post Utme Lautech 2021 Accounting Question 18. It is one of the objective questions from the 2021 Post Utme Lautech Accounting examination.

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