Post Utme Lead City University 2020 Accounting Question 13

Practice objective / multiple choice question 13 from the 2020 Post Utme Lead City University Accounting examination.

Post Utme Lead City University 2020 Accounting Objective / Multiple Choice
Question 13 POST_UTME_LEAD_CITY_UNIVERSITY • 2020 • ACCOUNTING • objective
SHARED STIMULUS
| Account | Debit | Credit | Balance | | --- | --- | --- | --- | | Cash | 120,000 | | 120,000 | | Bank | | 150,000 | 150,000 | | Capital | | 180,000 | 180,000 | | Profit | | 200,000 | 200,000 |

The following is an extract from the trial balance of XYZ Ltd. at 31st December 2022.

Answer Options

A. ₦120,000
B. ₦150,000
C. ₦180,000
Correct Answer D. ₦200,000
Correct Answer
D
Correct Option:
₦200,000

About This Question

This is Post Utme Lead City University 2020 Accounting Question 13. It is one of the objective questions from the 2020 Post Utme Lead City University Accounting examination.

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