Post Utme Coal City University 2019 Accounting Question 19

Practice objective / multiple choice question 19 from the 2019 Post Utme Coal City University Accounting examination.

Post Utme Coal City University 2019 Accounting Objective / Multiple Choice
Question 19 POST_UTME_COAL_CITY_UNIVERSITY • 2019 • ACCOUNTING • objective

A company has the following transactions: Purchased office supplies for 1,000, Purchased equipment for 10,000, Sold merchandise for 20,000, and Paid salaries of 5,000. What is the total amount of assets?

Answer Options

A. 16,000
B. 21,000
Correct Answer C. 26,000
D. 31,000
Correct Answer
C
Correct Option:
26,000

About This Question

This is Post Utme Coal City University 2019 Accounting Question 19. It is one of the objective questions from the 2019 Post Utme Coal City University Accounting examination.

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