Post Utme Caleb University 2020 Accounting Question 3

Practice objective / multiple choice question 3 from the 2020 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2020 Accounting Objective / Multiple Choice
Question 3 POST_UTME_CALEB_UNIVERSITY • 2020 • ACCOUNTING • objective

A company's assets consist of a building worth ₦1,000,000, a machine worth ₦500,000, and an investment worth ₦200,000. Calculate the total value of the assets using the weighted average method.

Answer Options

A. ₦1,700,000
B. ₦1,800,000
C. ₦1,900,000
Correct Answer D. ₦2,000,000
Correct Answer
D
Correct Option:
₦2,000,000

About This Question

This is Post Utme Caleb University 2020 Accounting Question 3. It is one of the objective questions from the 2020 Post Utme Caleb University Accounting examination.

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