Post Utme Crawford University 2017 Accounting Question 12

Practice objective / multiple choice question 12 from the 2017 Post Utme Crawford University Accounting examination.

Post Utme Crawford University 2017 Accounting Objective / Multiple Choice
Question 12 POST_UTME_CRAWFORD_UNIVERSITY • 2017 • ACCOUNTING • objective

A company's trial balance as at 31st December 2022 is as follows: Assets: Cash ₦100,000 Debtors ₦200,000 Stock ₦300,000 Accrued Expenses ₦50,000 Liabilities: Creditors ₦150,000 Capital ₦200,000 What is the total amount of assets?

Answer Options

A. ₦850,000
B. ₦950,000
Correct Answer C. ₦1,050,000
D. ₦1,150,000
Correct Answer
C
Correct Option:
₦1,050,000

About This Question

This is Post Utme Crawford University 2017 Accounting Question 12. It is one of the objective questions from the 2017 Post Utme Crawford University Accounting examination.

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