Post Utme Pan Atlantic University 2022 Accounting Question 39

Practice objective / multiple choice question 39 from the 2022 Post Utme Pan Atlantic University Accounting examination.

Post Utme Pan Atlantic University 2022 Accounting Objective / Multiple Choice
Question 39 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2022 • ACCOUNTING • objective

A company has a ledger account for 'Accounts Payable' with a debit balance of ₦200,000. If the company pays ₦150,000 to settle the account, what is the new balance in the 'Accounts Payable' account?

Answer Options

A. ₦50,000
B. ₦100,000
Correct Answer C. ₦150,000
D. ₦200,000
Correct Answer
C
Correct Option:
₦150,000

About This Question

This is Post Utme Pan Atlantic University 2022 Accounting Question 39. It is one of the objective questions from the 2022 Post Utme Pan Atlantic University Accounting examination.

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