Post Utme Elizade University 2021 Accounting Question 31
Practice objective / multiple choice question 31 from the 2021 Post Utme Elizade University Accounting examination.
A company uses the single-entry system of accounting. The company's trial balance as at 31st December 2021 shows the following balances: Cash 10,000, Accounts Payable 5,000, Common Stock 20,000, and Retained Earnings 15,000. The company also has a note payable of 8,000. What is the company's total liabilities?
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About This Question
This is Post Utme Elizade University 2021 Accounting Question 31. It is one of the objective questions from the 2021 Post Utme Elizade University Accounting examination.
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