Post Utme Igbinedion University 2025 Accounting Question 39

Practice objective / multiple choice question 39 from the 2025 Post Utme Igbinedion University Accounting examination.

Post Utme Igbinedion University 2025 Accounting Objective / Multiple Choice
Question 39 POST_UTME_IGBINEDION_UNIVERSITY • 2025 • ACCOUNTING • objective

A company uses the following accounts in its trial balance: Debtors: ₦120,000; Creditors: ₦80,000; Capital: ₦150,000; Profit: ₦20,000. Determine the total assets of the company.

Answer Options

A. ₦290,000
Correct Answer B. ₦310,000
C. ₦330,000
D. ₦350,000
Correct Answer
B
Correct Option:
₦310,000

About This Question

This is Post Utme Igbinedion University 2025 Accounting Question 39. It is one of the objective questions from the 2025 Post Utme Igbinedion University Accounting examination.

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