Post Utme Madonna University 2023 Accounting Question 9

Practice objective / multiple choice question 9 from the 2023 Post Utme Madonna University Accounting examination.

Post Utme Madonna University 2023 Accounting Objective / Multiple Choice
Question 9 POST_UTME_MADONNA_UNIVERSITY • 2023 • ACCOUNTING • objective

A company has the following trial balance: Cash ₦500,000, Accounts Payable ₦200,000, Common Stock ₦300,000. What is the total amount of assets?

Answer Options

Correct Answer A. ₦700,000
B. ₦800,000
C. ₦900,000
D. ₦1,000,000
Correct Answer
A
Correct Option:
₦700,000

About This Question

This is Post Utme Madonna University 2023 Accounting Question 9. It is one of the objective questions from the 2023 Post Utme Madonna University Accounting examination.

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