Post Utme Summit University 2019 Accounting Question 28

Practice objective / multiple choice question 28 from the 2019 Post Utme Summit University Accounting examination.

Post Utme Summit University 2019 Accounting Objective / Multiple Choice
Question 28 POST_UTME_SUMMIT_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's trial balance shows the following balances: Debit Balance: ₦100,000 Credit Balance: ₦80,000 What is the net result of the company's transactions?

Answer Options

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

About This Question

This is Post Utme Summit University 2019 Accounting Question 28. It is one of the objective questions from the 2019 Post Utme Summit University Accounting examination.

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