Post Utme Coal City University 2019 Accounting Question 7
Practice objective / multiple choice question 7 from the 2019 Post Utme Coal City University Accounting examination.
A company's trial balance shows the following accounts: Sales ₦1,500,000, Cost of Goods Sold ₦1,000,000, and Net Income ₦500,000. If the company's assets increased by ₦200,000 during the year, what is the value of the company's liabilities?
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About This Question
This is Post Utme Coal City University 2019 Accounting Question 7. It is one of the objective questions from the 2019 Post Utme Coal City University Accounting examination.
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