Post Utme Esut 2017 Accounting Question 4

Practice objective / multiple choice question 4 from the 2017 Post Utme Esut Accounting examination.

Post Utme Esut 2017 Accounting Objective / Multiple Choice
Question 4 POST_UTME_ESUT • 2017 • ACCOUNTING • objective

A company's assets at the beginning of the year were ₦100,000. During the year, it purchased additional assets of ₦50,000 and sold assets of ₦20,000. Calculate the company's total assets at the end of the year.

Answer Options

A. ₦130,000
B. ₦140,000
Correct Answer C. ₦150,000
D. ₦160,000
Correct Answer
C
Correct Option:
₦150,000

About This Question

This is Post Utme Esut 2017 Accounting Question 4. It is one of the objective questions from the 2017 Post Utme Esut Accounting examination.

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