Post Utme Uniosun 2024 Accounting Question 7

Practice objective / multiple choice question 7 from the 2024 Post Utme Uniosun Accounting examination.

Post Utme Uniosun 2024 Accounting Objective / Multiple Choice
Question 7 POST_UTME_UNIOSUN • 2024 • ACCOUNTING • objective

A company's trial balance shows the following balances: Cash ₦50,000, Accounts Payable ₦20,000, Common Stock ₦100,000, Retained Earnings ₦30,000. Prepare a balance sheet for the company.

Answer Options

A. ₦50,000
Correct Answer B. ₦100,000
C. ₦150,000
D. ₦200,000
Correct Answer
B
Correct Option:
₦100,000

About This Question

This is Post Utme Uniosun 2024 Accounting Question 7. It is one of the objective questions from the 2024 Post Utme Uniosun Accounting examination.

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