Post Utme Madonna University 2019 Accounting Question 15

Practice objective / multiple choice question 15 from the 2019 Post Utme Madonna University Accounting examination.

Post Utme Madonna University 2019 Accounting Objective / Multiple Choice
Question 15 POST_UTME_MADONNA_UNIVERSITY • 2019 • ACCOUNTING • objective

A company has the following transactions in its ledger: Debit: ₦1,000,000; Credit: ₦800,000. What is the balance of the account?

Answer Options

A. ₦200,000
B. ₦100,000
Correct Answer C. ₦0
D. ₦300,000
Correct Answer
C
Correct Option:
₦0

About This Question

This is Post Utme Madonna University 2019 Accounting Question 15. It is one of the objective questions from the 2019 Post Utme Madonna University Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support