Post Utme Lautech 2021 Accounting Question 19

Practice objective / multiple choice question 19 from the 2021 Post Utme Lautech Accounting examination.

Post Utme Lautech 2021 Accounting Objective / Multiple Choice
Question 19 POST_UTME_LAUTECH • 2021 • ACCOUNTING • objective

A public sector organization has the following transactions: Purchase of goods: ₦100,000, Sale of goods: ₦150,000, Salaries: ₦80,000. Prepare a statement of financial position.

Answer Options

Correct Answer A. ₦100,000, ₦150,000, ₦80,000
B. ₦150,000, ₦100,000, ₦80,000
C. ₦80,000, ₦150,000, ₦100,000
D. ₦80,000, ₦100,000, ₦150,000
Correct Answer
A
Correct Option:
₦100,000, ₦150,000, ₦80,000

About This Question

This is Post Utme Lautech 2021 Accounting Question 19. It is one of the objective questions from the 2021 Post Utme Lautech Accounting examination.

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