Post Utme Al Hikmah University 2025 Accounting Question 10

Practice objective / multiple choice question 10 from the 2025 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2025 Accounting Objective / Multiple Choice
Question 10 POST_UTME_AL-HIKMAH_UNIVERSITY • 2025 • ACCOUNTING • objective

A company has the following ledger balances as at 31st December 2024: Cash: ₦1,500,000; Bank: ₦2,000,000; Accounts Payable: ₦1,800,000; Accrued Expenses: ₦2,500,000. What is the total value of the company's liabilities as at 31st December 2024?

Answer Options

A. ₦6,800,000
B. ₦7,300,000
C. ₦8,100,000
Correct Answer D. ₦9,200,000
Correct Answer
D
Correct Option:
₦9,200,000

About This Question

This is Post Utme Al Hikmah University 2025 Accounting Question 10. It is one of the objective questions from the 2025 Post Utme Al Hikmah University Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support