Post Utme Summit University 2021 Accounting Question 9

Practice objective / multiple choice question 9 from the 2021 Post Utme Summit University Accounting examination.

Post Utme Summit University 2021 Accounting Objective / Multiple Choice
Question 9 POST_UTME_SUMMIT_UNIVERSITY • 2021 • ACCOUNTING • objective

A company has the following trial balance: Debit ₦100,000, Credit ₦120,000. Determine the correct balance.

Answer Options

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

About This Question

This is Post Utme Summit University 2021 Accounting Question 9. It is one of the objective questions from the 2021 Post Utme Summit University Accounting examination.

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