Post Utme Bells University 2021 Accounting Question 39

Practice objective / multiple choice question 39 from the 2021 Post Utme Bells University Accounting examination.

Post Utme Bells University 2021 Accounting Objective / Multiple Choice
Question 39 POST_UTME_BELLS_UNIVERSITY • 2021 • ACCOUNTING • objective

A company's balance sheet shows the following accounts: Cash ₦150,000, Accounts Receivable ₦250,000, Inventory ₦350,000, and Equipment ₦450,000. What is the total value of the company's liabilities?

Answer Options

A. ₦1,100,000
Correct Answer B. ₦1,200,000
C. ₦1,300,000
D. ₦1,400,000
Correct Answer
B
Correct Option:
₦1,200,000

About This Question

This is Post Utme Bells University 2021 Accounting Question 39. It is one of the objective questions from the 2021 Post Utme Bells University Accounting examination.

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