Post Utme Unilorin 2019 Accounting Question 14

Practice objective / multiple choice question 14 from the 2019 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2019 Accounting Objective / Multiple Choice
Question 14 POST_UTME_UNILORIN • 2019 • ACCOUNTING • objective

A company maintains a self-balancing ledger with the following accounts: Cash, Debtors, Creditors, and Capital. If the ledger shows a debit balance of ₦50,000 in the Cash account and a credit balance of ₦30,000 in the Creditors account, what is the total amount of the ledger?

Answer Options

A. ₦80,000
B. ₦90,000
C. ₦100,000
Correct Answer D. ₦110,000
Correct Answer
D
Correct Option:
₦110,000

About This Question

This is Post Utme Unilorin 2019 Accounting Question 14. It is one of the objective questions from the 2019 Post Utme Unilorin Accounting examination.

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