Post Utme Futo 2024 Accounting Question 10

Practice objective / multiple choice question 10 from the 2024 Post Utme Futo Accounting examination.

Post Utme Futo 2024 Accounting Objective / Multiple Choice
Question 10 POST_UTME_FUTO • 2024 • ACCOUNTING • objective

A company has the following ledger accounts: Cash ₦50,000, Accounts Payable ₦30,000, and Common Stock ₦100,000. What is the total amount of the company's assets?

Answer Options

Correct Answer A. ₦180,000
B. ₦120,000
C. ₦180,000
D. ₦200,000
Correct Answer
A
Correct Option:
₦180,000

About This Question

This is Post Utme Futo 2024 Accounting Question 10. It is one of the objective questions from the 2024 Post Utme Futo Accounting examination.

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