Post Utme Caleb University 2021 Accounting Question 5

Practice objective / multiple choice question 5 from the 2021 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2021 Accounting Objective / Multiple Choice
Question 5 POST_UTME_CALEB_UNIVERSITY • 2021 • ACCOUNTING • objective

A company has the following single-entry accounting system: Cash ₦100,000, Accounts Payable ₦50,000. What is the total assets of the company?

Answer Options

A. ₦150,000
B. ₦200,000
C. ₦250,000
Correct Answer D. ₦300,000
Correct Answer
D
Correct Option:
₦300,000

About This Question

This is Post Utme Caleb University 2021 Accounting Question 5. It is one of the objective questions from the 2021 Post Utme Caleb University Accounting examination.

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