Post Utme Delsu 2020 Accounting Question 10

Practice objective / multiple choice question 10 from the 2020 Post Utme Delsu Accounting examination.

Post Utme Delsu 2020 Accounting Objective / Multiple Choice
Question 10 POST_UTME_DELSU • 2020 • ACCOUNTING • objective

A company's trial balance shows the following accounts: Cash ₦1,500,000, Accounts Payable ₦800,000, Sales Revenue ₦2,500,000, Cost of Goods Sold ₦1,800,000. What is the total liabilities for the company?

Answer Options

Correct Answer A. ₦2,300,000
B. ₦2,500,000
C. ₦2,800,000
D. ₦3,000,000
Correct Answer
A
Correct Option:
₦2,300,000

About This Question

This is Post Utme Delsu 2020 Accounting Question 10. It is one of the objective questions from the 2020 Post Utme Delsu Accounting examination.

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