Post Utme Mountain Top University 2021 Accounting Question 38

Practice objective / multiple choice question 38 from the 2021 Post Utme Mountain Top University Accounting examination.

Post Utme Mountain Top University 2021 Accounting Objective / Multiple Choice
Question 38 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2021 • ACCOUNTING • objective

A company has the following ledger balances: Cash ₦50,000, Office Equipment ₦30,000, and Salaries ₦20,000. Prepare the trial balance.

Answer Options

Correct Answer A. Cash ₦50,000, Office Equipment ₦30,000, Salaries ₦20,000
B. Cash ₦50,000, Office Equipment ₦20,000, Salaries ₦30,000
C. Cash ₦30,000, Office Equipment ₦50,000, Salaries ₦20,000
D. Cash ₦50,000, Office Equipment ₦30,000, Salaries ₦30,000
Correct Answer
A
Correct Option:
Cash ₦50,000, Office Equipment ₦30,000, Salaries ₦20,000

About This Question

This is Post Utme Mountain Top University 2021 Accounting Question 38. It is one of the objective questions from the 2021 Post Utme Mountain Top University Accounting examination.

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