Post Utme Mountain Top University 2020 Accounting Question 4

Practice objective / multiple choice question 4 from the 2020 Post Utme Mountain Top University Accounting examination.

Post Utme Mountain Top University 2020 Accounting Objective / Multiple Choice
Question 4 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2020 • ACCOUNTING • objective

A company uses a trial balance to record its transactions. The trial balance shows the following balances: Cash ₦100,000, Accounts Payable ₦50,000, and Accounts Receivable ₦20,000. What is the total amount of assets?

Answer Options

Correct Answer A. ₦170,000
B. ₦180,000
C. ₦190,000
D. ₦200,000
Correct Answer
A
Correct Option:
₦170,000

About This Question

This is Post Utme Mountain Top University 2020 Accounting Question 4. It is one of the objective questions from the 2020 Post Utme Mountain Top University Accounting examination.

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