Post Utme Ui 2022 Accounting Question 4

Practice objective / multiple choice question 4 from the 2022 Post Utme Ui Accounting examination.

Post Utme Ui 2022 Accounting Objective / Multiple Choice
Question 4 POST_UTME_UI • 2022 • ACCOUNTING • objective

A company has the following control accounts: Accounts Payable ₦50,000, Accounts Receivable ₦30,000, and Inventory ₦20,000. The company's ledger accounts show the following balances: Accounts Payable ₦40,000, Accounts Receivable ₦25,000, and Inventory ₦15,000.

Answer Options

A. ₦10,000
Correct Answer B. ₦15,000
C. ₦20,000
D. ₦25,000
Correct Answer
B
Correct Option:
₦15,000

About This Question

This is Post Utme Ui 2022 Accounting Question 4. It is one of the objective questions from the 2022 Post Utme Ui Accounting examination.

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