Post Utme Caleb University 2019 Accounting Question 4

Practice objective / multiple choice question 4 from the 2019 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2019 Accounting Objective / Multiple Choice
Question 4 POST_UTME_CALEB_UNIVERSITY • 2019 • ACCOUNTING • objective

A company has the following control account balances: | Account | Debit | Credit | | --- | --- | --- | | Sales | 100,000 | 0 | | Purchases | 0 | 80,000 | | Cash | 20,000 | 0 | | Bank | 0 | 30,000 | What is the total value of the company's assets?

Answer Options

A. ₦150,000
B. ₦170,000
Correct Answer C. ₦180,000
D. ₦190,000
Correct Answer
C
Correct Option:
₦180,000

About This Question

This is Post Utme Caleb University 2019 Accounting Question 4. It is one of the objective questions from the 2019 Post Utme Caleb University Accounting examination.

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