Post Utme Nile University 2023 Accounting Question 9

Practice objective / multiple choice question 9 from the 2023 Post Utme Nile University Accounting examination.

Post Utme Nile University 2023 Accounting Objective / Multiple Choice
Question 9 POST_UTME_NILE_UNIVERSITY • 2023 • ACCOUNTING • objective

A company's balance sheet shows a current asset of ₦50,000 and a non-current asset of ₦200,000. If the company's total assets are ₦400,000, what is the amount of the company's liabilities?

Answer Options

A. ₦100,000
B. ₦150,000
C. ₦200,000
Correct Answer D. ₦250,000
Correct Answer
D
Correct Option:
₦250,000

About This Question

This is Post Utme Nile University 2023 Accounting Question 9. It is one of the objective questions from the 2023 Post Utme Nile University Accounting examination.

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