Post Utme Abu 2017 Accounting Question 34

Practice objective / multiple choice question 34 from the 2017 Post Utme Abu Accounting examination.

Post Utme Abu 2017 Accounting Objective / Multiple Choice
Question 34 POST_UTME_ABU • 2017 • ACCOUNTING • objective

A company prepares a balance sheet at the end of the year. The following accounts are listed: Cash 10,000, Accounts Payable 5,000, Common Stock 20,000. What is the total amount of the balance sheet?

Answer Options

Correct Answer A. 35,000
B. 40,000
C. 45,000
D. 50,000
Correct Answer
A
Correct Option:
35,000

About This Question

This is Post Utme Abu 2017 Accounting Question 34. It is one of the objective questions from the 2017 Post Utme Abu Accounting examination.

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