Post Utme Caleb University 2023 Accounting Question 25

Practice objective / multiple choice question 25 from the 2023 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2023 Accounting Objective / Multiple Choice
Question 25 POST_UTME_CALEB_UNIVERSITY • 2023 • ACCOUNTING • objective

A company's balance sheet has the following accounts: Cash ₦100,000, Accounts Payable ₦50,000, and Common Stock ₦500,000. What is the total assets of the company?

Answer Options

A. ₦550,000
Correct Answer B. ₦600,000
C. ₦650,000
D. ₦700,000
Correct Answer
B
Correct Option:
₦600,000

About This Question

This is Post Utme Caleb University 2023 Accounting Question 25. It is one of the objective questions from the 2023 Post Utme Caleb University Accounting examination.

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