Post Utme Nile University 2018 Accounting Question 10

Practice objective / multiple choice question 10 from the 2018 Post Utme Nile University Accounting examination.

Post Utme Nile University 2018 Accounting Objective / Multiple Choice
Question 10 POST_UTME_NILE_UNIVERSITY • 2018 • ACCOUNTING • objective

A company has the following transactions for the year: Debit ₦10,000 - Cash ₦20,000 - Office Equipment ₦30,000 - Rent Credit ₦40,000 - Sales ₦50,000 - Office Supplies What is the total amount of liabilities for the year?

Answer Options

A. ₦100,000
B. ₦200,000
C. ₦300,000
Correct Answer D. ₦400,000
Correct Answer
D
Correct Option:
₦400,000

About This Question

This is Post Utme Nile University 2018 Accounting Question 10. It is one of the objective questions from the 2018 Post Utme Nile University Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support