Post Utme Mountain Top University 2023 Accounting Question 37

Practice objective / multiple choice question 37 from the 2023 Post Utme Mountain Top University Accounting examination.

Post Utme Mountain Top University 2023 Accounting Objective / Multiple Choice
Question 37 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2023 • ACCOUNTING • objective

A company's balance sheet as at 31st December 2022 is as follows: Share capital: ₦500,000; Reserves: ₦300,000; Debtors: ₦200,000; Creditors: ₦150,000. Calculate the total assets of the company.

Answer Options

Correct Answer A. ₦1,250,000
B. ₦1,300,000
C. ₦1,350,000
D. ₦1,400,000
Correct Answer
A
Correct Option:
₦1,250,000

About This Question

This is Post Utme Mountain Top University 2023 Accounting Question 37. It is one of the objective questions from the 2023 Post Utme Mountain Top University Accounting examination.

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