Post Utme Futo 2023 Accounting Question 5

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

Post Utme Futo 2023 Accounting Objective / Multiple Choice
Question 5 POST_UTME_FUTO • 2023 • ACCOUNTING • objective

A company has the following transactions: Purchase of land: ₦1,500,000 Purchase of building: ₦3,000,000 What is the total amount of the company's assets after these transactions?

Answer Options

A. ₦4,500,000
B. ₦5,000,000
C. ₦5,500,000
Correct Answer D. ₦6,000,000
Correct Answer
D
Correct Option:
₦6,000,000

About This Question

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

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