Post Utme Wellspring University 2020 Accounting Question 14

Practice objective / multiple choice question 14 from the 2020 Post Utme Wellspring University Accounting examination.

Post Utme Wellspring University 2020 Accounting Objective / Multiple Choice
Question 14 POST_UTME_WELLSPRING_UNIVERSITY • 2020 • ACCOUNTING • objective

A trader's balance sheet shows a non-current asset of ₦180,000 in the accounts payable account. However, the ledger accounts show a debit balance of ₦150,000. What is the correct balance in the accounts payable account?

Answer Options

A. ₦30,000
B. ₦60,000
C. ₦90,000
Correct Answer D. ₦150,000
Correct Answer
D
Correct Option:
₦150,000

About This Question

This is Post Utme Wellspring University 2020 Accounting Question 14. It is one of the objective questions from the 2020 Post Utme Wellspring University Accounting examination.

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