Post Utme Unilorin 2021 Accounting Question 17

Practice objective / multiple choice question 17 from the 2021 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2021 Accounting Objective / Multiple Choice
Question 17 POST_UTME_UNILORIN • 2021 • ACCOUNTING • objective

A company's trial balance showed the following balances: Accounts Payable ₦50,000, Accounts Receivable ₦20,000, Sales Revenue ₦200,000, Cost of Goods Sold ₦150,000. Prepare a corrected trial balance.

Answer Options

Correct Answer A. ₦50,000, ₦20,000, ₦200,000, ₦150,000
B. ₦50,000, ₦20,000, ₦250,000, ₦150,000
C. ₦50,000, ₦30,000, ₦200,000, ₦150,000
D. ₦50,000, ₦20,000, ₦200,000, ₦200,000
Correct Answer
A
Correct Option:
₦50,000, ₦20,000, ₦200,000, ₦150,000

About This Question

This is Post Utme Unilorin 2021 Accounting Question 17. It is one of the objective questions from the 2021 Post Utme Unilorin Accounting examination.

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