Post Utme Delsu 2018 Accounting Question 36

Practice objective / multiple choice question 36 from the 2018 Post Utme Delsu Accounting examination.

Post Utme Delsu 2018 Accounting Objective / Multiple Choice
Question 36 POST_UTME_DELSU • 2018 • ACCOUNTING • objective

A company uses the double entry system to record its transactions. The company's ledger accounts are as follows: Debitors ¡ 50,000, Creditors ¡ 30,000, Capital ¡ 100,000. What is the total amount of the company's assets?

Answer Options

A. ¡ 80,000
B. ¡ 120,000
Correct Answer C. ¡ 180,000
D. ¡ 220,000
Correct Answer
C
Correct Option:
¡ 180,000

About This Question

This is Post Utme Delsu 2018 Accounting Question 36. It is one of the objective questions from the 2018 Post Utme Delsu Accounting examination.

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