Post Utme Noun 2019 Accounting Question 24
Practice objective / multiple choice question 24 from the 2019 Post Utme Noun Accounting examination.
A company's control account for Accounts Payable shows a balance of ₦150,000. The following transactions are recorded: Purchase of goods on credit ₦200,000, Payment of accounts payable ₦50,000, and Purchase of goods on cash ₦100,000. Determine the new balance in the control account for Accounts Payable.
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About This Question
This is Post Utme Noun 2019 Accounting Question 24. It is one of the objective questions from the 2019 Post Utme Noun Accounting examination.
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