Post Utme Greenfield University 2024 Accounting Question 42

Practice objective / multiple choice question 42 from the 2024 Post Utme Greenfield University Accounting examination.

Post Utme Greenfield University 2024 Accounting Objective / Multiple Choice
Question 42 POST_UTME_GREENFIELD_UNIVERSITY • 2024 • ACCOUNTING • objective

A company's balance sheet shows the following liabilities: Accounts Payable ₦500,000, Notes Payable ₦200,000, and Common Stock ₦300,000. What is the total value of the company's liabilities?

Answer Options

A. ₦1,000,000
B. ₦1,100,000
Correct Answer C. ₦1,200,000
D. ₦1,300,000
Correct Answer
C
Correct Option:
₦1,200,000

About This Question

This is Post Utme Greenfield University 2024 Accounting Question 42. It is one of the objective questions from the 2024 Post Utme Greenfield University Accounting examination.

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