Post Utme Bsu 2017 Accounting Question 22

Practice objective / multiple choice question 22 from the 2017 Post Utme Bsu Accounting examination.

Post Utme Bsu 2017 Accounting Objective / Multiple Choice
Question 22 POST_UTME_BSU • 2017 • ACCOUNTING • objective

A company's trial balance as of December 31, 2022, shows the following accounts: Sales Revenue ₦500,000, Cost of Goods Sold ₦300,000, and Net Income ₦150,000. What is the total amount of assets on the balance sheet?

Answer Options

A. ₦750,000
B. ₦800,000
Correct Answer C. ₦850,000
D. ₦900,000
Correct Answer
C
Correct Option:
₦850,000

About This Question

This is Post Utme Bsu 2017 Accounting Question 22. It is one of the objective questions from the 2017 Post Utme Bsu Accounting examination.

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