Post Utme Joseph Ayo Babalola University 2024 Accounting Question 40

Practice objective / multiple choice question 40 from the 2024 Post Utme Joseph Ayo Babalola University Accounting examination.

Post Utme Joseph Ayo Babalola University 2024 Accounting Objective / Multiple Choice
Question 40 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2024 • ACCOUNTING • objective

A company's balance sheet as at 31st December 2023 shows the following: Fixed Assets (₦500,000), Current Assets (₦300,000), and Share Capital (₦200,000). Calculate the Total Assets.

Answer Options

A. ₦800,000
B. ₦900,000
Correct Answer C. ₦1,000,000
D. ₦1,100,000
Correct Answer
C
Correct Option:
₦1,000,000

About This Question

This is Post Utme Joseph Ayo Babalola University 2024 Accounting Question 40. It is one of the objective questions from the 2024 Post Utme Joseph Ayo Babalola University Accounting examination.

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