Post Utme Unilorin 2020 Accounting Question 4

Practice objective / multiple choice question 4 from the 2020 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2020 Accounting Objective / Multiple Choice
Question 4 POST_UTME_UNILORIN • 2020 • ACCOUNTING • objective

A company uses the self-balancing ledger system. The company's ledger shows a balance of ₦40,000. The company's trial balance also shows a balance of ₦42,500. What is the correct balance of the company's ledger account?

Answer Options

A. ₦40,000
Correct Answer B. ₦42,500
C. ₦45,000
D. ₦47,500
Correct Answer
B
Correct Option:
₦42,500

About This Question

This is Post Utme Unilorin 2020 Accounting Question 4. It is one of the objective questions from the 2020 Post Utme Unilorin Accounting examination.

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