Post Utme Crawford University 2018 Accounting Question 13

Practice objective / multiple choice question 13 from the 2018 Post Utme Crawford University Accounting examination.

Post Utme Crawford University 2018 Accounting Objective / Multiple Choice
Question 13 POST_UTME_CRAWFORD_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's trial balance shows the following balances: Accounts Payable ₦200,000, Accounts Receivable ₦150,000, Common Stock ₦500,000, and Retained Earnings ₦300,000. What is the total amount of assets and liabilities?

Answer Options

A. ₦1,050,000
B. ₦1,200,000
Correct Answer C. ₦1,350,000
D. ₦1,500,000
Correct Answer
C
Correct Option:
₦1,350,000

About This Question

This is Post Utme Crawford University 2018 Accounting Question 13. It is one of the objective questions from the 2018 Post Utme Crawford University Accounting examination.

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