Post Utme Al Hikmah University 2021 Accounting Question 28

Practice objective / multiple choice question 28 from the 2021 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2021 Accounting Objective / Multiple Choice
Question 28 POST_UTME_AL-HIKMAH_UNIVERSITY • 2021 • ACCOUNTING • objective

A company has the following trial balance: Debitors ₦100,000, Creditors ₦50,000, Capital ₦200,000, Profit and Loss Account ₦50,000. What is the total amount of assets?

Answer Options

A. ₦250,000
Correct Answer B. ₦300,000
C. ₦350,000
D. ₦400,000
Correct Answer
B
Correct Option:
₦300,000

About This Question

This is Post Utme Al Hikmah University 2021 Accounting Question 28. It is one of the objective questions from the 2021 Post Utme Al Hikmah University Accounting examination.

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