Post Utme Abu 2022 Accounting Question 39

Practice objective / multiple choice question 39 from the 2022 Post Utme Abu Accounting examination.

Post Utme Abu 2022 Accounting Objective / Multiple Choice
Question 39 POST_UTME_ABU • 2022 • ACCOUNTING • objective

A company prepares a balance sheet. The following accounts are listed: Cash ₦500,000, Accounts Payable ₦200,000. What is the total of the balance sheet?

Answer Options

Correct Answer A. ₦700,000
B. ₦800,000
C. ₦900,000
D. ₦1,000,000
Correct Answer
A
Correct Option:
₦700,000

About This Question

This is Post Utme Abu 2022 Accounting Question 39. It is one of the objective questions from the 2022 Post Utme Abu Accounting examination.

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