Post Utme Bowen University 2020 Accounting Question 17

Practice objective / multiple choice question 17 from the 2020 Post Utme Bowen University Accounting examination.

Post Utme Bowen University 2020 Accounting Objective / Multiple Choice
Question 17 POST_UTME_BOWEN_UNIVERSITY • 2020 • ACCOUNTING • objective

A company has the following transactions: Purchased land for ₦500,000, and Sold goods for ₦200,000. What is the net change in assets?

Answer Options

A. ₦300,000
Correct Answer B. ₦400,000
C. ₦500,000
D. ₦600,000
Correct Answer
B
Correct Option:
₦400,000

About This Question

This is Post Utme Bowen University 2020 Accounting Question 17. It is one of the objective questions from the 2020 Post Utme Bowen University Accounting examination.

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