Post Utme Wellspring University 2017 Accounting Question 24

Practice objective / multiple choice question 24 from the 2017 Post Utme Wellspring University Accounting examination.

Post Utme Wellspring University 2017 Accounting Objective / Multiple Choice
Question 24 POST_UTME_WELLSPRING_UNIVERSITY • 2017 • ACCOUNTING • objective

A company has the following trial balance: | Account | Debit | Credit | | --- | --- | --- | | Cash | 1000 | | | Sales | | 500 | | Purchase | 200 | | | Capital | | 2000 | What is the correct balance of the Capital account?

Answer Options

Correct Answer A. ₦2000
B. ₦2500
C. ₦3000
D. ₦3500
Correct Answer
A
Correct Option:
₦2000

About This Question

This is Post Utme Wellspring University 2017 Accounting Question 24. It is one of the objective questions from the 2017 Post Utme Wellspring University Accounting examination.

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