Post Utme Madonna University 2022 Accounting Question 16

Practice objective / multiple choice question 16 from the 2022 Post Utme Madonna University Accounting examination.

Post Utme Madonna University 2022 Accounting Objective / Multiple Choice
Question 16 POST_UTME_MADONNA_UNIVERSITY • 2022 • ACCOUNTING • objective

In a partnership account, what is the correct order of preparation of the final accounts?

Answer Options

Correct Answer A. Trading Account, Profit and Loss Account, Balance Sheet
B. Balance Sheet, Profit and Loss Account, Trading Account
C. Trading Account, Balance Sheet, Profit and Loss Account
D. Profit and Loss Account, Trading Account, Balance Sheet
Correct Answer
A
Correct Option:
Trading Account, Profit and Loss Account, Balance Sheet

About This Question

This is Post Utme Madonna University 2022 Accounting Question 16. It is one of the objective questions from the 2022 Post Utme Madonna University Accounting examination.

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