Post Utme Uniport 2024 Accounting Question 8

Practice objective / multiple choice question 8 from the 2024 Post Utme Uniport Accounting examination.

Post Utme Uniport 2024 Accounting Objective / Multiple Choice
Question 8 POST_UTME_UNIPORT • 2024 • ACCOUNTING • objective

A company's trial balance as at 31st December 2023 is as follows: Cash: ₦500,000; Accounts Payable: ₦200,000; Sales Revenue: ₦1,500,000; Cost of Goods Sold: ₦1,200,000. Prepare the company's balance sheet as at 31st December 2023.

Answer Options

A. ₦1,500,000
B. ₦1,800,000
Correct Answer C. ₦2,000,000
D. ₦2,200,000
Correct Answer
C
Correct Option:
₦2,000,000

About This Question

This is Post Utme Uniport 2024 Accounting Question 8. It is one of the objective questions from the 2024 Post Utme Uniport Accounting examination.

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