Post Utme Skyline University 2020 Accounting Question 27

Practice objective / multiple choice question 27 from the 2020 Post Utme Skyline University Accounting examination.

Post Utme Skyline University 2020 Accounting Objective / Multiple Choice
Question 27 POST_UTME_SKYLINE_UNIVERSITY • 2020 • ACCOUNTING • objective

A company's trial balance showed the following balances: Accounts Payable ₦50,000, Accounts Receivable ₦30,000, Sales Revenue ₦150,000, Cost of Goods Sold ₦80,000. Prepare a corrected trial balance.

Answer Options

Correct Answer A. ₦50,000, ₦30,000, ₦170,000, ₦80,000
B. ₦50,000, ₦30,000, ₦160,000, ₦80,000
C. ₦50,000, ₦30,000, ₦170,000, ₦90,000
D. ₦50,000, ₦30,000, ₦160,000, ₦90,000
Correct Answer
A
Correct Option:
₦50,000, ₦30,000, ₦170,000, ₦80,000

About This Question

This is Post Utme Skyline University 2020 Accounting Question 27. It is one of the objective questions from the 2020 Post Utme Skyline University Accounting examination.

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