Post Utme Ksu 2024 Accounting Question 20

Practice objective / multiple choice question 20 from the 2024 Post Utme Ksu Accounting examination.

Post Utme Ksu 2024 Accounting Objective / Multiple Choice
Question 20 POST_UTME_KSU • 2024 • ACCOUNTING • objective

A company's balance sheet shows the following accounts: Cash ₦50,000, Accounts Payable ₦30,000, and Common Stock ₦100,000. What is the total amount of liabilities?

Answer Options

A. ₦80,000
B. ₦90,000
Correct Answer C. ₦100,000
D. ₦110,000
Correct Answer
C
Correct Option:
₦100,000

About This Question

This is Post Utme Ksu 2024 Accounting Question 20. It is one of the objective questions from the 2024 Post Utme Ksu Accounting examination.

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