Post Utme Al Hikmah University 2019 Accounting Question 40

Practice objective / multiple choice question 40 from the 2019 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2019 Accounting Objective / Multiple Choice
Question 40 POST_UTME_AL-HIKMAH_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's trial balance as at 31st December 2022 is as follows: Sales: ₦5,000,000; Cost of Goods Sold: ₦3,500,000; Operating Expenses: ₦1,200,000. What is the total value of the assets?

Answer Options

A. ₦8,700,000
B. ₦9,000,000
Correct Answer C. ₦9,300,000
D. ₦9,600,000
Correct Answer
C
Correct Option:
₦9,300,000

About This Question

This is Post Utme Al Hikmah University 2019 Accounting Question 40. It is one of the objective questions from the 2019 Post Utme Al Hikmah University Accounting examination.

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