Post Utme Ims U 2022 Accounting Question 35

Practice objective / multiple choice question 35 from the 2022 Post Utme Ims U Accounting examination.

Post Utme Ims U 2022 Accounting Objective / Multiple Choice
Question 35 POST_UTME_IMS_U • 2022 • ACCOUNTING • objective

A company's balance sheet shows the following: Cash ₦50,000, Accounts Receivable ₦75,000, Inventory ₦150,000, and Total Assets ₦375,000. What is the company's Total Liabilities?

Answer Options

A. ₦275,000
B. ₦275,500
Correct Answer C. ₦276,000
D. ₦277,000
Correct Answer
C
Correct Option:
₦276,000

About This Question

This is Post Utme Ims U 2022 Accounting Question 35. It is one of the objective questions from the 2022 Post Utme Ims U Accounting examination.

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