Post Utme Coal City University 2023 Accounting Question 21

Practice objective / multiple choice question 21 from the 2023 Post Utme Coal City University Accounting examination.

Post Utme Coal City University 2023 Accounting Objective / Multiple Choice
Question 21 POST_UTME_COAL_CITY_UNIVERSITY • 2023 • ACCOUNTING • objective

A company's ledger shows the following balances: Debtors A/c ₦50,000, Creditors A/c ₦30,000, Capital A/c ₦100,000, and Profit and Loss A/c ₦20,000. What is the total value of the company's assets?

Answer Options

A. ₦200,000
B. ₦150,000
C. ₦120,000
Correct Answer D. ₦180,000
Correct Answer
D
Correct Option:
₦180,000

About This Question

This is Post Utme Coal City University 2023 Accounting Question 21. It is one of the objective questions from the 2023 Post Utme Coal City University Accounting examination.

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