Post Utme Esut 2023 Accounting Question 5

Practice objective / multiple choice question 5 from the 2023 Post Utme Esut Accounting examination.

Post Utme Esut 2023 Accounting Objective / Multiple Choice
Question 5 POST_UTME_ESUT • 2023 • ACCOUNTING • objective

A company has the following transactions: Purchased office equipment for ₦20,000, Paid rent for ₦15,000, and Purchased inventory for ₦30,000. What is the total amount of assets at the end of the period?

Answer Options

A. ₦65,000
B. ₦70,000
C. ₦75,000
Correct Answer D. ₦80,000
Correct Answer
D
Correct Option:
₦80,000

About This Question

This is Post Utme Esut 2023 Accounting Question 5. It is one of the objective questions from the 2023 Post Utme Esut Accounting examination.

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