Post Utme Lead City University 2019 Accounting Question 37

Practice objective / multiple choice question 37 from the 2019 Post Utme Lead City University Accounting examination.

Post Utme Lead City University 2019 Accounting Objective / Multiple Choice
Question 37 POST_UTME_LEAD_CITY_UNIVERSITY • 2019 • ACCOUNTING • objective

A company has the following ledger balances: Debtors: ₦80,000; Creditors: ₦40,000; Capital: ₦120,000. Prepare the balance sheet.

Answer Options

Correct Answer A. ₦80,000; ₦40,000; ₦120,000
B. ₦40,000; ₦80,000; ₦120,000
C. ₦120,000; ₦80,000; ₦40,000
D. ₦40,000; ₦120,000; ₦80,000
Correct Answer
A
Correct Option:
₦80,000; ₦40,000; ₦120,000

About This Question

This is Post Utme Lead City University 2019 Accounting Question 37. It is one of the objective questions from the 2019 Post Utme Lead City University Accounting examination.

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