Post Utme Lasu 2023 Accounting Question 12

Practice objective / multiple choice question 12 from the 2023 Post Utme Lasu Accounting examination.

Post Utme Lasu 2023 Accounting Objective / Multiple Choice
Question 12 POST_UTME_LASU • 2023 • ACCOUNTING • objective

A company uses a self-balancing ledger to record its transactions. The ledger shows the following balances: 'Cash' (₦50,000), 'Accounts Payable' (₦20,000), and 'Sales' (₦30,000). What is the total value of the company's assets?

Answer Options

Correct Answer A. ₦100,000
B. ₦80,000
C. ₦70,000
D. ₦60,000
Correct Answer
A
Correct Option:
₦100,000

About This Question

This is Post Utme Lasu 2023 Accounting Question 12. It is one of the objective questions from the 2023 Post Utme Lasu Accounting examination.

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