Post Utme Unilag 2018 Accounting Question 10

Practice objective / multiple choice question 10 from the 2018 Post Utme Unilag Accounting examination.

Post Utme Unilag 2018 Accounting Objective / Multiple Choice
Question 10 POST_UTME_UNILAG • 2018 • ACCOUNTING • objective

A company's balance sheet as at 31/12/2017 is as follows: Assets ₦100,000 Liabilities ₦80,000 The company's equity is ₦20,000. Prepare the balance sheet.

Answer Options

Correct Answer A. ₦100,000; ₦80,000
B. ₦80,000; ₦100,000
C. ₦20,000; ₦80,000
D. ₦0; ₦0
Correct Answer
A
Correct Option:
₦100,000; ₦80,000

About This Question

This is Post Utme Unilag 2018 Accounting Question 10. It is one of the objective questions from the 2018 Post Utme Unilag Accounting examination.

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