Post Utme Eksu 2018 Accounting Question 12

Practice objective / multiple choice question 12 from the 2018 Post Utme Eksu Accounting examination.

Post Utme Eksu 2018 Accounting Objective / Multiple Choice
Question 12 POST_UTME_EKSU • 2018 • ACCOUNTING • objective

A company's balance sheet as at 31st December 2022 is as follows: Assets: ₦1,500,000 (Cash) ₦800,000 (Debtors) ₦300,000 (Stock) ₦200,000 (Prepaid Rent) Liabilities: ₦1,000,000 (Creditors) ₦500,000 (Loans) What is the total value of the company's assets?

Answer Options

A. ₦2,300,000
Correct Answer B. ₦2,500,000
C. ₦2,700,000
D. ₦3,000,000
Correct Answer
B
Correct Option:
₦2,500,000

About This Question

This is Post Utme Eksu 2018 Accounting Question 12. It is one of the objective questions from the 2018 Post Utme Eksu Accounting examination.

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