Post Utme Bowen University 2018 Accounting Question 38

Practice objective / multiple choice question 38 from the 2018 Post Utme Bowen University Accounting examination.

Post Utme Bowen University 2018 Accounting Objective / Multiple Choice
Question 38 POST_UTME_BOWEN_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's trial balance as at December 31, 2022, showed the following balances: Debtors: ₦150,000 Creditors: ₦120,000 Capital: ₦200,000 Profit: ₦100,000 What is the company's total assets?

Answer Options

A. ₦470,000
B. ₦480,000
Correct Answer C. ₦490,000
D. ₦500,000
Correct Answer
C
Correct Option:
₦490,000

About This Question

This is Post Utme Bowen University 2018 Accounting Question 38. It is one of the objective questions from the 2018 Post Utme Bowen University Accounting examination.

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