Post Utme Christopher University 2022 Accounting Question 15

Practice objective / multiple choice question 15 from the 2022 Post Utme Christopher University Accounting examination.

Post Utme Christopher University 2022 Accounting Objective / Multiple Choice
Question 15 POST_UTME_CHRISTOPHER_UNIVERSITY • 2022 • ACCOUNTING • objective

A company has the following transactions: Purchased office supplies for ₦10,000, Paid salaries of ₦50,000, and Sold goods for ₦100,000. What is the total amount of liabilities at the end of the period?

Answer Options

A. ₦60,000
Correct Answer B. ₦70,000
C. ₦80,000
D. ₦90,000
Correct Answer
B
Correct Option:
₦70,000

About This Question

This is Post Utme Christopher University 2022 Accounting Question 15. It is one of the objective questions from the 2022 Post Utme Christopher University Accounting examination.

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