Post Utme Al Hikmah University 2025 Accounting Question 9

Practice objective / multiple choice question 9 from the 2025 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2025 Accounting Objective / Multiple Choice
Question 9 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 Receivable: ₦1,800,000; Inventory: ₦2,500,000. What is the total value of the company's assets as at 31st December 2024?

Answer Options

A. ₦8,800,000
B. ₦9,300,000
C. ₦10,100,000
Correct Answer D. ₦11,200,000
Correct Answer
D
Correct Option:
₦11,200,000

About This Question

This is Post Utme Al Hikmah University 2025 Accounting Question 9. It is one of the objective questions from the 2025 Post Utme Al Hikmah University Accounting examination.

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