Post Utme Veritas University 2018 Accounting Question 18

Practice objective / multiple choice question 18 from the 2018 Post Utme Veritas University Accounting examination.

Post Utme Veritas University 2018 Accounting Objective / Multiple Choice
Question 18 POST_UTME_VERITAS_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's trial balance shows the following balances: Accounts Payable ₦ 10,000, Accounts Receivable ₦ 20,000, and Common Stock ₦ 50,000. Prepare the company's balance sheet.

Answer Options

A. ₦ 80,000
B. ₦ 90,000
Correct Answer C. ₦ 100,000
D. ₦ 110,000
Correct Answer
C
Correct Option:
₦ 100,000

About This Question

This is Post Utme Veritas University 2018 Accounting Question 18. It is one of the objective questions from the 2018 Post Utme Veritas University Accounting examination.

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