Post Utme Afe Babalola University 2017 Accounting Question 3

Practice objective / multiple choice question 3 from the 2017 Post Utme Afe Babalola University Accounting examination.

Post Utme Afe Babalola University 2017 Accounting Objective / Multiple Choice
Question 3 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2017 • ACCOUNTING • objective

A company has the following trial balance as at December 31, 2022: Debtors: ₦150,000 Creditors: ₦80,000 Capital: ₦200,000 Profit: ₦50,000 What is the total amount of assets as at December 31, 2022?

Answer Options

A. ₦380,000
B. ₦480,000
Correct Answer C. ₦580,000
D. ₦680,000
Correct Answer
C
Correct Option:
₦580,000

About This Question

This is Post Utme Afe Babalola University 2017 Accounting Question 3. It is one of the objective questions from the 2017 Post Utme Afe Babalola University Accounting examination.

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