Post Utme Pan Atlantic University 2024 Accounting Question 7

Practice objective / multiple choice question 7 from the 2024 Post Utme Pan Atlantic University Accounting examination.

Post Utme Pan Atlantic University 2024 Accounting Objective / Multiple Choice
Question 7 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2024 • ACCOUNTING • objective

A firm has the following ledger balances: Capital: ₦500,000; Profit: ₦150,000; Drawings: ₦20,000. Prepare the firm's Balance Sheet.

Answer Options

Correct Answer A. ₦670,000
B. ₦680,000
C. ₦690,000
D. ₦700,000
Correct Answer
A
Correct Option:
₦670,000

About This Question

This is Post Utme Pan Atlantic University 2024 Accounting Question 7. It is one of the objective questions from the 2024 Post Utme Pan Atlantic University Accounting examination.

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