Post Utme Lead City University 2020 Accounting Question 17

Practice objective / multiple choice question 17 from the 2020 Post Utme Lead City University Accounting examination.

Post Utme Lead City University 2020 Accounting Objective / Multiple Choice
Question 17 POST_UTME_LEAD_CITY_UNIVERSITY • 2020 • ACCOUNTING • objective

A company's trial balance shows the following balances: Accounts Payable ₦150,000, Accounts Receivable ₦80,000, and Common Stock ₦200,000. What is the total amount of the company's liabilities?

Answer Options

Correct Answer A. ₦230,000
B. ₦250,000
C. ₦270,000
D. ₦290,000
Correct Answer
A
Correct Option:
₦230,000

About This Question

This is Post Utme Lead City University 2020 Accounting Question 17. It is one of the objective questions from the 2020 Post Utme Lead City University Accounting examination.

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