Post Utme Aaua 2025 Accounting Question 3
Practice objective / multiple choice question 3 from the 2025 Post Utme Aaua Accounting examination.
A company has the following ledger balances at the end of the year: | Account | Debit | Credit | | --- | --- | --- | | Cash | 10,000 | | | Accounts Payable | | 8,000 | | Sales | | 120,000 | | Purchases | 80,000 | | | Cost of Goods Sold | 60,000 | | | Net Income | | 20,000 | What is the total assets of the company?
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This is Post Utme Aaua 2025 Accounting Question 3. It is one of the objective questions from the 2025 Post Utme Aaua Accounting examination.
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