Post Utme Ksu 2018 Accounting Question 7

Practice objective / multiple choice question 7 from the 2018 Post Utme Ksu Accounting examination.

Post Utme Ksu 2018 Accounting Objective / Multiple Choice
Question 7 POST_UTME_KSU • 2018 • ACCOUNTING • objective

A company has the following ledger balances: Debtors: ₦150,000 Creditors: ₦80,000 Capital: ₦200,000 Profit: ₦50,000 What is the total amount of assets?

Answer Options

A. ₦380,000
B. ₦420,000
C. ₦460,000
Correct Answer D. ₦500,000
Correct Answer
D
Correct Option:
₦500,000

About This Question

This is Post Utme Ksu 2018 Accounting Question 7. It is one of the objective questions from the 2018 Post Utme Ksu Accounting examination.

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