Post Utme Mountain Top University 2017 Accounting Question 24

Practice objective / multiple choice question 24 from the 2017 Post Utme Mountain Top University Accounting examination.

Post Utme Mountain Top University 2017 Accounting Objective / Multiple Choice
Question 24 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2017 • ACCOUNTING • objective

A company's double entry system shows the following ledger accounts: | Account | Debit | Credit | | --- | --- | --- | | Cash | 1,000 | | | Bank | | 500 | | Non-current Asset | 2,000 | | What is the total value of the company's assets as at 31st December 2022?

Answer Options

A. ₦4,000
B. ₦5,000
C. ₦6,000
Correct Answer D. ₦7,000
Correct Answer
D
Correct Option:
₦7,000

About This Question

This is Post Utme Mountain Top University 2017 Accounting Question 24. It is one of the objective questions from the 2017 Post Utme Mountain Top University Accounting examination.

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