Post Utme Ims U 2020 Accounting Question 8

Practice objective / multiple choice question 8 from the 2020 Post Utme Ims U Accounting examination.

Post Utme Ims U 2020 Accounting Objective / Multiple Choice
Question 8 POST_UTME_IMS_U • 2020 • ACCOUNTING • objective

A company has the following trial balance: Debitors ₦100,000, Creditors ₦50,000, Capital ₦200,000. What is the total amount of assets?

Answer Options

A. ₦250,000
Correct Answer B. ₦300,000
C. ₦350,000
D. ₦400,000
Correct Answer
B
Correct Option:
₦300,000

About This Question

This is Post Utme Ims U 2020 Accounting Question 8. It is one of the objective questions from the 2020 Post Utme Ims U Accounting examination.

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