Post Utme Abu 2025 Accounting Question 28

Practice objective / multiple choice question 28 from the 2025 Post Utme Abu Accounting examination.

Post Utme Abu 2025 Accounting Objective / Multiple Choice
Question 28 POST_UTME_ABU • 2025 • ACCOUNTING • objective

A company's balance sheet as at 31st December 2024 is as follows: Assets: Cash: ₦100,000 Debtors: ₦200,000 Stock: ₦300,000 Creditors: ₦150,000 What is the total amount of assets?

Answer Options

A. ₦550,000
B. ₦600,000
Correct Answer C. ₦650,000
D. ₦700,000
Correct Answer
C
Correct Option:
₦650,000

About This Question

This is Post Utme Abu 2025 Accounting Question 28. It is one of the objective questions from the 2025 Post Utme Abu Accounting examination.

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