Post Utme Igbinedion University 2023 Accounting Question 19

Practice objective / multiple choice question 19 from the 2023 Post Utme Igbinedion University Accounting examination.

Post Utme Igbinedion University 2023 Accounting Objective / Multiple Choice
Question 19 POST_UTME_IGBINEDION_UNIVERSITY • 2023 • ACCOUNTING • objective

A company has the following ledger accounts: Cash ₦1,000,000, Accounts Payable ₦500,000, and Common Stock ₦200,000. What is the company's total assets?

Answer Options

Correct Answer A. ₦1,500,000
B. ₦2,000,000
C. ₦2,500,000
D. ₦3,000,000
Correct Answer
A
Correct Option:
₦1,500,000

About This Question

This is Post Utme Igbinedion University 2023 Accounting Question 19. It is one of the objective questions from the 2023 Post Utme Igbinedion University Accounting examination.

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