Post Utme Uniport 2020 Accounting Question 30

Practice objective / multiple choice question 30 from the 2020 Post Utme Uniport Accounting examination.

Post Utme Uniport 2020 Accounting Objective / Multiple Choice
Question 30 POST_UTME_UNIPORT • 2020 • ACCOUNTING • objective

A company has the following ledger balances: Cash ₦5000, Accounts Payable ₦2000, Sales Revenue ₦15000, Cost of Goods Sold ₦8000. Prepare a balance sheet as at 31st December 2020.

Answer Options

A. ₦1250
Correct Answer B. ₦1500
C. ₦1750
D. ₦2000
Correct Answer
B
Correct Option:
₦1500

About This Question

This is Post Utme Uniport 2020 Accounting Question 30. It is one of the objective questions from the 2020 Post Utme Uniport Accounting examination.

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