Post Utme Ksu 2024 Accounting Question 29

Practice objective / multiple choice question 29 from the 2024 Post Utme Ksu Accounting examination.

Post Utme Ksu 2024 Accounting Objective / Multiple Choice
Question 29 POST_UTME_KSU • 2024 • ACCOUNTING • objective

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

Answer Options

A. ₦180,000
B. ₦200,000
Correct Answer C. ₦220,000
D. ₦240,000
Correct Answer
C
Correct Option:
₦220,000

About This Question

This is Post Utme Ksu 2024 Accounting Question 29. It is one of the objective questions from the 2024 Post Utme Ksu Accounting examination.

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