Post Utme Covenant University 2022 Accounting Question 18

Practice objective / multiple choice question 18 from the 2022 Post Utme Covenant University Accounting examination.

Post Utme Covenant University 2022 Accounting Objective / Multiple Choice
Question 18 POST_UTME_COVENANT_UNIVERSITY • 2022 • ACCOUNTING • objective

A company's trial balance shows the following accounts: | Account | Debit | Credit | | --- | --- | --- | | Sales | | 100,000 | | Purchases | 80,000 | | | Wages | 20,000 | | | Rent | | 10,000 | What is the total amount of the company's assets?

Answer Options

A. ₦110,000
B. ₦120,000
Correct Answer C. ₦130,000
D. ₦140,000
Correct Answer
C
Correct Option:
₦130,000

About This Question

This is Post Utme Covenant University 2022 Accounting Question 18. It is one of the objective questions from the 2022 Post Utme Covenant University Accounting examination.

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