Post Utme Futa 2017 Accounting Question 39

Practice objective / multiple choice question 39 from the 2017 Post Utme Futa Accounting examination.

Post Utme Futa 2017 Accounting Objective / Multiple Choice
Question 39 POST_UTME_FUTA • 2017 • ACCOUNTING • objective

A company's trial balance shows the following balances: Debit: ₦30,000 to 'Office Equipment' Credit: ₦20,000 to 'Rent' and ₦10,000 to 'Salaries' What is the total amount of the company's assets?

Answer Options

A. ₦60,000
B. ₦70,000
Correct Answer C. ₦80,000
D. ₦90,000
Correct Answer
C
Correct Option:
₦80,000

About This Question

This is Post Utme Futa 2017 Accounting Question 39. It is one of the objective questions from the 2017 Post Utme Futa Accounting examination.

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