Post Utme Afe Babalola University 2018 Accounting Question 9

Practice objective / multiple choice question 9 from the 2018 Post Utme Afe Babalola University Accounting examination.

Post Utme Afe Babalola University 2018 Accounting Objective / Multiple Choice
Question 9 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2018 • ACCOUNTING • objective

A company uses a self-balancing ledger system. If the ledger has the following accounts: Cash, Accounts Receivable, Accounts Payable, and Common Stock, what is the total amount of assets and liabilities?

Answer Options

A. ₦100,000
Correct Answer B. ₦150,000
C. ₦200,000
D. ₦250,000
Correct Answer
B
Correct Option:
₦150,000

About This Question

This is Post Utme Afe Babalola University 2018 Accounting Question 9. It is one of the objective questions from the 2018 Post Utme Afe Babalola University Accounting examination.

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