Post Utme Delsu 2020 Accounting Question 19

Practice objective / multiple choice question 19 from the 2020 Post Utme Delsu Accounting examination.

Post Utme Delsu 2020 Accounting Objective / Multiple Choice
Question 19 POST_UTME_DELSU • 2020 • ACCOUNTING • objective

A firm has a trial balance as follows: Accounts Payable ₦50,000, Sales Revenue ₦200,000, Cost of Goods Sold ₦120,000, Common Stock ₦100,000. What is the total amount of assets?

Answer Options

A. ₦270,000
B. ₦280,000
C. ₦290,000
Correct Answer D. ₦300,000
Correct Answer
D
Correct Option:
₦300,000

About This Question

This is Post Utme Delsu 2020 Accounting Question 19. It is one of the objective questions from the 2020 Post Utme Delsu Accounting examination.

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