Post Utme Afe Babalola University 2020 Accounting Question 14

Practice objective / multiple choice question 14 from the 2020 Post Utme Afe Babalola University Accounting examination.

Post Utme Afe Babalola University 2020 Accounting Objective / Multiple Choice
Question 14 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2020 • ACCOUNTING • objective

A company's trial balance shows the following accounts: Accounts Payable ₦50,000, Sales Revenue ₦200,000, Cost of Goods Sold ₦100,000, and Common Stock ₦150,000. What is the total amount of assets?

Answer Options

A. ₦350,000
B. ₦400,000
Correct Answer C. ₦450,000
D. ₦500,000
Correct Answer
C
Correct Option:
₦450,000

About This Question

This is Post Utme Afe Babalola University 2020 Accounting Question 14. It is one of the objective questions from the 2020 Post Utme Afe Babalola University Accounting examination.

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