Post Utme Mountain Top University 2020 Accounting Question 34

Practice objective / multiple choice question 34 from the 2020 Post Utme Mountain Top University Accounting examination.

Post Utme Mountain Top University 2020 Accounting Objective / Multiple Choice
Question 34 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2020 • ACCOUNTING • objective

A company's balance sheet shows the following balances: | Asset | Liability | Equity | | --- | --- | --- | | Cash | ₦50,000 | | | Bank | | ₦100,000 | | Stock | ₦150,000 | | | Capital | | ₦200,000 | The company's total assets are ₦_____.

Answer Options

A. ₦300,000
B. ₦350,000
C. ₦400,000
Correct Answer D. ₦450,000
Correct Answer
D
Correct Option:
₦450,000

About This Question

This is Post Utme Mountain Top University 2020 Accounting Question 34. It is one of the objective questions from the 2020 Post Utme Mountain Top University Accounting examination.

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