Post Utme Aaua 2024 Accounting Question 8

Practice objective / multiple choice question 8 from the 2024 Post Utme Aaua Accounting examination.

Post Utme Aaua 2024 Accounting Objective / Multiple Choice
Question 8 POST_UTME_AAUA • 2024 • ACCOUNTING • objective

A company has the following balance sheet: ₦100,000 in cash; ₦50,000 in accounts receivable; ₦20,000 in inventory; ₦30,000 in equipment. Calculate the total assets.

Answer Options

A. ₦200,000
B. ₦250,000
Correct Answer C. ₦300,000
D. ₦350,000
Correct Answer
C
Correct Option:
₦300,000

About This Question

This is Post Utme Aaua 2024 Accounting Question 8. It is one of the objective questions from the 2024 Post Utme Aaua Accounting examination.

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