Post Utme Futo 2018 Accounting Question 32

Practice objective / multiple choice question 32 from the 2018 Post Utme Futo Accounting examination.

Post Utme Futo 2018 Accounting Objective / Multiple Choice
Question 32 POST_UTME_FUTO • 2018 • ACCOUNTING • objective

A company has the following trial balance: Debtors: ₦150,000 Creditors: ₦80,000 Capital: ₦200,000 Profit: ₦50,000 What is the total amount of assets of the company?

Answer Options

Correct Answer A. ₦380,000
B. ₦400,000
C. ₦420,000
D. ₦440,000
Correct Answer
A
Correct Option:
₦380,000

About This Question

This is Post Utme Futo 2018 Accounting Question 32. It is one of the objective questions from the 2018 Post Utme Futo Accounting examination.

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