Post Utme Ui 2024 Accounting Question 30

Practice objective / multiple choice question 30 from the 2024 Post Utme Ui Accounting examination.

Post Utme Ui 2024 Accounting Objective / Multiple Choice

Question 30 POST_UTME_UI • 2024 • ACCOUNTING • objective

A company's trial balance showed the following balances: Cash ₦50,000, Accounts Payable ₦20,000, Sales Revenue ₦100,000, Cost of Goods Sold ₦80,000. Prepare a corrected trial balance.

A. Cash ₦50,000, Accounts Payable ₦20,000, Sales Revenue ₦100,000, Cost of Goods Sold ₦80,000

B. Cash ₦50,000, Accounts Payable ₦20,000, Sales Revenue ₦100,000, Cost of Goods Sold ₦80,000

C. Cash ₦50,000, Accounts Payable ₦20,000, Sales Revenue ₦100,000, Cost of Goods Sold ₦80,000

Correct Answer D. Cash ₦50,000, Accounts Payable ₦20,000, Sales Revenue ₦100,000, Cost of Goods Sold ₦80,000

Correct Answer

Correct Option:

Cash ₦50,000, Accounts Payable ₦20,000, Sales Revenue ₦100,000, Cost of Goods Sold ₦80,000

This is Post Utme Ui 2024 Accounting Question 30. It is one of the objective questions from the 2024 Post Utme Ui Accounting examination.

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