Post Utme Unn 2023 Accounting Question 31

Practice objective / multiple choice question 31 from the 2023 Post Utme Unn Accounting examination.

Post Utme Unn 2023 Accounting Objective / Multiple Choice
Question 31 POST_UTME_UNN • 2023 • ACCOUNTING • objective

A company has two departments: Manufacturing and Sales. The Manufacturing department has a balance of ₦1,500,000 in its control account, while the Sales department has a balance of ₦800,000. If the company's total assets are ₦5,000,000 and its total liabilities are ₦2,000,000, what is the balance in the Manufacturing department's control account after adjusting for the company's total assets and liabilities?

Answer Options

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

About This Question

This is Post Utme Unn 2023 Accounting Question 31. It is one of the objective questions from the 2023 Post Utme Unn Accounting examination.

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