Post Utme Oau 2019 Accounting Question 37

Practice objective / multiple choice question 37 from the 2019 Post Utme Oau Accounting examination.

Post Utme Oau 2019 Accounting Objective / Multiple Choice
Question 37 POST_UTME_OAU • 2019 • ACCOUNTING • objective

A company uses a self-balancing ledger to record its transactions. The ledger shows a debit balance of ₦30,000 in the trading account. However, the company's trial balance shows a credit balance of ₦20,000 in the trading account. What is the correct balance in the trading account?

Answer Options

A. ₦10,000
Correct Answer B. ₦20,000
C. ₦30,000
D. ₦40,000
Correct Answer
B
Correct Option:
₦20,000

About This Question

This is Post Utme Oau 2019 Accounting Question 37. It is one of the objective questions from the 2019 Post Utme Oau Accounting examination.

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