Post Utme Rsu 2017 Accounting Question 34

Practice objective / multiple choice question 34 from the 2017 Post Utme Rsu Accounting examination.

Post Utme Rsu 2017 Accounting Objective / Multiple Choice
Question 34 POST_UTME_RSU • 2017 • ACCOUNTING • objective

A company has the following trial balance: Debit ₦100,000 ₦50,000 ₦20,000 ₦10,000 ₦5,000 ₦2,000 ₦1,000 ₦500 ₦200 ₦100 What is the correct balance of the 'Drawings' account?

Answer Options

Correct Answer A. ₦100,000
B. ₦50,000
C. ₦20,000
D. ₦10,000
Correct Answer
A
Correct Option:
₦100,000

About This Question

This is Post Utme Rsu 2017 Accounting Question 34. It is one of the objective questions from the 2017 Post Utme Rsu Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support