Post Utme Rsu 2019 Accounting Question 29

Practice objective / multiple choice question 29 from the 2019 Post Utme Rsu Accounting examination.

Post Utme Rsu 2019 Accounting Objective / Multiple Choice
Question 29 POST_UTME_RSU • 2019 • ACCOUNTING • objective

A company has a debit balance of ₦20,000 in its trading account. If the company's profit is ₦30,000, what is the correct balance in the trading account?

Answer Options

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

About This Question

This is Post Utme Rsu 2019 Accounting Question 29. It is one of the objective questions from the 2019 Post Utme Rsu Accounting examination.

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