Post Utme Oau 2017 Accounting Question 22

Practice objective / multiple choice question 22 from the 2017 Post Utme Oau Accounting examination.

Post Utme Oau 2017 Accounting Objective / Multiple Choice
Question 22 POST_UTME_OAU • 2017 • ACCOUNTING • objective

A company's trial balance showed the following balances: Accounts Payable ₦ 50,000, Accounts Receivable ₦ 30,000, and Common Stock ₦ 100,000. Prepare a balance sheet for the company.

Answer Options

A. ₦ 180,000
B. ₦ 200,000
Correct Answer C. ₦ 220,000
D. ₦ 240,000
Correct Answer
C
Correct Option:
₦ 220,000

About This Question

This is Post Utme Oau 2017 Accounting Question 22. It is one of the objective questions from the 2017 Post Utme Oau Accounting examination.

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