Post Utme Osustech 2023 Accounting Question 27

Practice objective / multiple choice question 27 from the 2023 Post Utme Osustech Accounting examination.

Post Utme Osustech 2023 Accounting Objective / Multiple Choice
Question 27 POST_UTME_OSUSTECH • 2023 • ACCOUNTING • objective

A company's trial balance shows the following balances: Accounts Payable ₦500,000, Accounts Receivable ₦200,000, Common Stock ₦1,000,000, Retained Earnings ₦300,000. Prepare a balance sheet for the company.

Answer Options

A. ₦1,500,000
Correct Answer B. ₦1,700,000
C. ₦1,800,000
D. ₦2,000,000
Correct Answer
B
Correct Option:
₦1,700,000

About This Question

This is Post Utme Osustech 2023 Accounting Question 27. It is one of the objective questions from the 2023 Post Utme Osustech Accounting examination.

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