Post Utme Bells University 2024 Accounting Question 10

Practice objective / multiple choice question 10 from the 2024 Post Utme Bells University Accounting examination.

Post Utme Bells University 2024 Accounting Objective / Multiple Choice
Question 10 POST_UTME_BELLS_UNIVERSITY • 2024 • ACCOUNTING • objective

A company uses the self-balancing ledger system to record its transactions. The company's ledger shows the following balances: Accounts Payable ₦200,000, Accounts Receivable ₦150,000, and Inventory ₦300,000. What is the total value of the company's assets?

Answer Options

A. ₦650,000
B. ₦700,000
Correct Answer C. ₦750,000
D. ₦800,000
Correct Answer
C
Correct Option:
₦750,000

About This Question

This is Post Utme Bells University 2024 Accounting Question 10. It is one of the objective questions from the 2024 Post Utme Bells University Accounting examination.

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