Post Utme Al Hikmah University 2021 Accounting Question 9

Practice objective / multiple choice question 9 from the 2021 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2021 Accounting Objective / Multiple Choice
Question 9 POST_UTME_AL-HIKMAH_UNIVERSITY • 2021 • ACCOUNTING • objective

A company's liabilities are as follows: ₦ 1,000,000 - Accounts Payable ₦ 2,000,000 - Short-term Loans ₦ 3,000,000 - Long-term Loans What is the total amount of the company's liabilities?

Answer Options

A. ₦ 6,000,000
B. ₦ 7,000,000
C. ₦ 8,000,000
Correct Answer D. ₦ 9,000,000
Correct Answer
D
Correct Option:
₦ 9,000,000

About This Question

This is Post Utme Al Hikmah University 2021 Accounting Question 9. It is one of the objective questions from the 2021 Post Utme Al Hikmah University Accounting examination.

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