Post Utme Lautech 2024 Accounting Question 19

Practice objective / multiple choice question 19 from the 2024 Post Utme Lautech Accounting examination.

Post Utme Lautech 2024 Accounting Objective / Multiple Choice
Question 19 POST_UTME_LAUTECH • 2024 • ACCOUNTING • objective

A company's balance sheet shows the following balances: Cash ₦50,000, Accounts Payable ₦20,000, Common Stock ₦100,000, and Retained Earnings ₦30,000. What is the total assets?

Answer Options

Correct Answer A. ₦200,000
B. ₦220,000
C. ₦240,000
D. ₦260,000
Correct Answer
A
Correct Option:
₦200,000

About This Question

This is Post Utme Lautech 2024 Accounting Question 19. It is one of the objective questions from the 2024 Post Utme Lautech Accounting examination.

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