Post Utme Babcock University 2020 Accounting Question 13

Practice objective / multiple choice question 13 from the 2020 Post Utme Babcock University Accounting examination.

Post Utme Babcock University 2020 Accounting Objective / Multiple Choice
Question 13 POST_UTME_BABCOCK_UNIVERSITY • 2020 • ACCOUNTING • objective

A company's trial balance shows the following balances: Cash ₦50,000, Accounts Payable ₦30,000, and Common Stock ₦100,000. If the company's total assets are ₦200,000, calculate the amount of total liabilities.

Answer Options

A. ₦150,000
B. ₦160,000
Correct Answer C. ₦170,000
D. ₦180,000
Correct Answer
C
Correct Option:
₦170,000

About This Question

This is Post Utme Babcock University 2020 Accounting Question 13. It is one of the objective questions from the 2020 Post Utme Babcock University Accounting examination.

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