Post Utme Christopher University 2018 Accounting Question 19

Practice objective / multiple choice question 19 from the 2018 Post Utme Christopher University Accounting examination.

Post Utme Christopher University 2018 Accounting Objective / Multiple Choice
Question 19 POST_UTME_CHRISTOPHER_UNIVERSITY • 2018 • ACCOUNTING • objective

A company has a self-balancing ledger with the following accounts: Cash ₦50,000, Accounts Payable ₦30,000, and Common Stock ₦20,000. What is the total value of the assets?

Answer Options

Correct Answer A. ₦100,000
B. ₦120,000
C. ₦110,000
D. ₦130,000
Correct Answer
A
Correct Option:
₦100,000

About This Question

This is Post Utme Christopher University 2018 Accounting Question 19. It is one of the objective questions from the 2018 Post Utme Christopher University Accounting examination.

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