Post Utme Ui 2023 Accounting Question 30

Practice objective / multiple choice question 30 from the 2023 Post Utme Ui Accounting examination.

Post Utme Ui 2023 Accounting Objective / Multiple Choice
Question 30 POST_UTME_UI • 2023 • ACCOUNTING • objective

A company's balance sheet as at 31st December shows the following: | Liabilities | ₦ | Assets | ₦ | | --- | --- | --- | --- | | Share Capital | 50,000 | Cash | 10,000 | | Reserves | 30,000 | Debtors | 20,000 | | Loans | 20,000 | Stock | 30,000 | | Creditors | | | | What is the amount of creditors?

Answer Options

A. ₦ 10,000
B. ₦ 20,000
C. ₦ 30,000
Correct Answer D. ₦ 40,000
Correct Answer
D
Correct Option:
₦ 40,000

About This Question

This is Post Utme Ui 2023 Accounting Question 30. It is one of the objective questions from the 2023 Post Utme Ui Accounting examination.

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