Post Utme Lead City University 2018 Accounting Question 39

Practice objective / multiple choice question 39 from the 2018 Post Utme Lead City University Accounting examination.

Post Utme Lead City University 2018 Accounting Objective / Multiple Choice
Question 39 POST_UTME_LEAD_CITY_UNIVERSITY • 2018 • ACCOUNTING • objective

A company has the following transactions related to its accounts payable: | Date | Description | Debit | Credit | | --- | --- | --- | --- | | 1/1 | Accounts Payable | | ₦100,000 | | 1/2 | Purchase of Goods | ₦150,000 | | | 1/3 | Payment to Supplier | | ₦50,000 | What is the net amount due to the supplier?

Answer Options

A. ₦50,000
Correct Answer B. ₦100,000
C. ₦150,000
D. ₦200,000
Correct Answer
B
Correct Option:
₦100,000

About This Question

This is Post Utme Lead City University 2018 Accounting Question 39. It is one of the objective questions from the 2018 Post Utme Lead City University Accounting examination.

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