Post Utme Ims U 2018 Accounting Question 31

Practice objective / multiple choice question 31 from the 2018 Post Utme Ims U Accounting examination.

Post Utme Ims U 2018 Accounting Objective / Multiple Choice
Question 31 POST_UTME_IMS_U • 2018 • ACCOUNTING • objective

A company has the following trial balance: Debitors ₦50,000, Creditors ₦20,000, Capital ₦30,000, and Profit and Loss Account ₦10,000. What is the total amount of the company's assets?

Answer Options

Correct Answer A. ₦60,000
B. ₦70,000
C. ₦80,000
D. ₦90,000
Correct Answer
A
Correct Option:
₦60,000

About This Question

This is Post Utme Ims U 2018 Accounting Question 31. It is one of the objective questions from the 2018 Post Utme Ims U Accounting examination.

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