Post Utme Bowen University 2020 Accounting Question 5

Practice objective / multiple choice question 5 from the 2020 Post Utme Bowen University Accounting examination.

Post Utme Bowen University 2020 Accounting Objective / Multiple Choice
Question 5 POST_UTME_BOWEN_UNIVERSITY • 2020 • ACCOUNTING • objective

A company's balance sheet shows a current asset of ₦20,000 and a non-current liability of ₦30,000. If the company's equity is ₦50,000, what is the total amount of the company's assets?

Answer Options

A. ₦60,000
B. ₦70,000
C. ₦80,000
Correct Answer D. ₦90,000
Correct Answer
D
Correct Option:
₦90,000

About This Question

This is Post Utme Bowen University 2020 Accounting Question 5. It is one of the objective questions from the 2020 Post Utme Bowen University Accounting examination.

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