Post Utme Wellspring University 2020 Accounting Question 12

Practice objective / multiple choice question 12 from the 2020 Post Utme Wellspring University Accounting examination.

Post Utme Wellspring University 2020 Accounting Objective / Multiple Choice
Question 12 POST_UTME_WELLSPRING_UNIVERSITY • 2020 • ACCOUNTING • objective

A trader's trial balance shows a credit balance of ₦50,000 in the accounts receivable account. However, the ledger accounts show a debit balance of ₦30,000. What is the correct balance in the accounts receivable account?

Answer Options

Correct Answer A. ₦20,000
B. ₦30,000
C. ₦40,000
D. ₦50,000
Correct Answer
A
Correct Option:
₦20,000

About This Question

This is Post Utme Wellspring University 2020 Accounting Question 12. It is one of the objective questions from the 2020 Post Utme Wellspring University Accounting examination.

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