Post Utme Uniport 2018 Accounting Question 16

Practice objective / multiple choice question 16 from the 2018 Post Utme Uniport Accounting examination.

Post Utme Uniport 2018 Accounting Objective / Multiple Choice
Question 16 POST_UTME_UNIPORT • 2018 • ACCOUNTING • objective

A company's trial balance shows an error of ₦1,500 in the accounts payable account. The correct balance is ₦15,000. What is the correct balance in the accounts receivable account if the company's total assets are ₦250,000 and its total liabilities are ₦120,000?

Answer Options

A. ₦20,000
Correct Answer B. ₦25,000
C. ₦30,000
D. ₦35,000
Correct Answer
B
Correct Option:
₦25,000

About This Question

This is Post Utme Uniport 2018 Accounting Question 16. It is one of the objective questions from the 2018 Post Utme Uniport Accounting examination.

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