Post Utme Unilag 2021 Accounting Question 18

Practice objective / multiple choice question 18 from the 2021 Post Utme Unilag Accounting examination.

Post Utme Unilag 2021 Accounting Objective / Multiple Choice
Question 18 POST_UTME_UNILAG • 2021 • ACCOUNTING • objective

A company has the following trial balance: Debitors ₦100,000, Creditors ₦50,000, Capital ₦200,000, Profit & Loss A/c ₦30,000. Prepare the ledger accounts for Debitors and Creditors.

Answer Options

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

About This Question

This is Post Utme Unilag 2021 Accounting Question 18. It is one of the objective questions from the 2021 Post Utme Unilag Accounting examination.

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