Post Utme Joseph Ayo Babalola University 2017 Accounting Question 18

Practice objective / multiple choice question 18 from the 2017 Post Utme Joseph Ayo Babalola University Accounting examination.

Post Utme Joseph Ayo Babalola University 2017 Accounting Objective / Multiple Choice
Question 18 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2017 • ACCOUNTING • objective

A company has the following transactions: Purchased goods for ₦100,000; Sold goods for ₦120,000; Purchased office equipment for ₦20,000. What is the total assets of the company?

Answer Options

A. ₦140,000
B. ₦160,000
Correct Answer C. ₦180,000
D. ₦200,000
Correct Answer
C
Correct Option:
₦180,000

About This Question

This is Post Utme Joseph Ayo Babalola University 2017 Accounting Question 18. It is one of the objective questions from the 2017 Post Utme Joseph Ayo Babalola University Accounting examination.

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