Post Utme Christopher University 2024 Accounting Question 32

Practice objective / multiple choice question 32 from the 2024 Post Utme Christopher University Accounting examination.

Post Utme Christopher University 2024 Accounting Objective / Multiple Choice
Question 32 POST_UTME_CHRISTOPHER_UNIVERSITY • 2024 • ACCOUNTING • objective

A company's trial balance shows the following balances: Accounts Payable ₦100,000, Sales Revenue ₦500,000, Cost of Goods Sold ₦200,000, and Common Stock ₦300,000. What is the total amount of assets?

Answer Options

A. ₦700,000
B. ₦800,000
Correct Answer C. ₦900,000
D. ₦1,000,000
Correct Answer
C
Correct Option:
₦900,000

About This Question

This is Post Utme Christopher University 2024 Accounting Question 32. It is one of the objective questions from the 2024 Post Utme Christopher University Accounting examination.

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