Post Utme Nile University 2020 Accounting Question 14

Practice objective / multiple choice question 14 from the 2020 Post Utme Nile University Accounting examination.

Post Utme Nile University 2020 Accounting Objective / Multiple Choice
Question 14 POST_UTME_NILE_UNIVERSITY • 2020 • ACCOUNTING • objective

A company's trial balance shows a debit balance of ₦50,000 in the accounts payable account. However, the company's ledger shows a credit balance of ₦60,000 in the same account. What is the correct balance in the accounts payable account?

Answer Options

A. ₦50,000
Correct Answer B. ₦60,000
C. ₦70,000
D. ₦80,000
Correct Answer
B
Correct Option:
₦60,000

About This Question

This is Post Utme Nile University 2020 Accounting Question 14. It is one of the objective questions from the 2020 Post Utme Nile University Accounting examination.

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