Post Utme Bowen University 2019 Accounting Question 27

Practice objective / multiple choice question 27 from the 2019 Post Utme Bowen University Accounting examination.

Post Utme Bowen University 2019 Accounting Objective / Multiple Choice
Question 27 POST_UTME_BOWEN_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's trial balance shows the following balances: | Account | Debit | Credit | | --- | --- | --- | | Cash | 1,000 | | | Accounts Payable | | 1,500 | | Sales Revenue | | 10,000 | | Cost of Goods Sold | 8,000 | | What is the total amount of assets and liabilities?

Answer Options

Correct Answer A. ₦11,500
B. ₦12,000
C. ₦11,000
D. ₦10,500
Correct Answer
A
Correct Option:
₦11,500

About This Question

This is Post Utme Bowen University 2019 Accounting Question 27. It is one of the objective questions from the 2019 Post Utme Bowen University Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support