Post Utme Uniben 2021 Accounting Question 10

Practice objective / multiple choice question 10 from the 2021 Post Utme Uniben Accounting examination.

Post Utme Uniben 2021 Accounting Objective / Multiple Choice
Question 10 POST_UTME_UNIBEN • 2021 • ACCOUNTING • objective

A company has a control account balance of ₦100,000. If the company's total assets are ₦500,000, and the company's total liabilities are ₦200,000, what is the balance in the company's control account after adjusting for the company's total liabilities?

Answer Options

A. ₦50,000
B. ₦100,000
Correct Answer C. ₦150,000
D. ₦200,000
Correct Answer
C
Correct Option:
₦150,000

About This Question

This is Post Utme Uniben 2021 Accounting Question 10. It is one of the objective questions from the 2021 Post Utme Uniben Accounting examination.

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