Post Utme Lead City University 2022 Accounting Question 28

Practice objective / multiple choice question 28 from the 2022 Post Utme Lead City University Accounting examination.

Post Utme Lead City University 2022 Accounting Objective / Multiple Choice
Question 28 POST_UTME_LEAD_CITY_UNIVERSITY • 2022 • ACCOUNTING • objective

A company's trial balance shows the following balances: | Account | Debit | Credit | | --- | --- | --- | | Cash | 1,000 | | | Bank | | 500 | | Sales | | 10,000 | | Purchases | 8,000 | | | Capital | | 5,000 | What is the correct balance of the sales account?

Answer Options

Correct Answer A. ₦10,000
B. ₦8,000
C. ₦5,000
D. ₦1,000
Correct Answer
A
Correct Option:
₦10,000

About This Question

This is Post Utme Lead City University 2022 Accounting Question 28. It is one of the objective questions from the 2022 Post Utme Lead City University Accounting examination.

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