Post Utme Skyline University 2025 Accounting Question 32

Practice objective / multiple choice question 32 from the 2025 Post Utme Skyline University Accounting examination.

Post Utme Skyline University 2025 Accounting Objective / Multiple Choice
Question 32 POST_UTME_SKYLINE_UNIVERSITY • 2025 • ACCOUNTING • objective

A company has the following ledger balances: Cash ₦50,000, Debtors ₦100,000, Creditors ₦20,000. Prepare a trial balance.

Answer Options

Correct Answer A. Cash ₦50,000, Debtors ₦100,000, Creditors ₦20,000
B. Cash ₦50,000, Debtors ₦100,000, Creditors ₦30,000
C. Cash ₦50,000, Debtors ₦100,000, Creditors ₦40,000
D. Cash ₦50,000, Debtors ₦100,000, Creditors ₦50,000
Correct Answer
A
Correct Option:
Cash ₦50,000, Debtors ₦100,000, Creditors ₦20,000

About This Question

This is Post Utme Skyline University 2025 Accounting Question 32. It is one of the objective questions from the 2025 Post Utme Skyline University Accounting examination.

View More Post Utme Skyline University 2025 Accounting Questions More Post Utme Skyline University Practice Questions Back to Questions

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