Post Utme Madonna University 2017 Accounting Question 17

Practice objective / multiple choice question 17 from the 2017 Post Utme Madonna University Accounting examination.

Post Utme Madonna University 2017 Accounting Objective / Multiple Choice
Question 17 POST_UTME_MADONNA_UNIVERSITY • 2017 • ACCOUNTING • objective

A company has the following trial balance: Debtors: ₦100,000 Creditors: ₦50,000 Capital: ₦200,000 Profit: ₦30,000 What is the total amount of assets recorded by the company?

Answer Options

A. ₦230,000
Correct Answer B. ₦240,000
C. ₦250,000
D. ₦260,000
Correct Answer
B
Correct Option:
₦240,000

About This Question

This is Post Utme Madonna University 2017 Accounting Question 17. It is one of the objective questions from the 2017 Post Utme Madonna University Accounting examination.

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