Post Utme Caleb University 2023 Accounting Question 19

Practice objective / multiple choice question 19 from the 2023 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2023 Accounting Objective / Multiple Choice
Question 19 POST_UTME_CALEB_UNIVERSITY • 2023 • ACCOUNTING • objective

A company has the following ledger balances: Cash ₦50,000, Accounts Payable ₦20,000, and Common Stock ₦100,000. What is the total equity of the company?

Answer Options

A. ₦170,000
B. ₦180,000
Correct Answer C. ₦190,000
D. ₦200,000
Correct Answer
C
Correct Option:
₦190,000

About This Question

This is Post Utme Caleb University 2023 Accounting Question 19. It is one of the objective questions from the 2023 Post Utme Caleb University Accounting examination.

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