Post Utme Caleb University 2023 Accounting Question 10

Practice objective / multiple choice question 10 from the 2023 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2023 Accounting Objective / Multiple Choice
Question 10 POST_UTME_CALEB_UNIVERSITY • 2023 • ACCOUNTING • objective

A company's balance sheet shows the following assets and liabilities: Cash ₦200,000, Accounts Payable ₦100,000, and Common Stock ₦500,000. What is the company's total assets?

Answer Options

A. ₦600,000
B. ₦700,000
C. ₦800,000
Correct Answer D. ₦900,000
Correct Answer
D
Correct Option:
₦900,000

About This Question

This is Post Utme Caleb University 2023 Accounting Question 10. It is one of the objective questions from the 2023 Post Utme Caleb University Accounting examination.

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