Post Utme Nile University 2025 Accounting Question 13

Practice objective / multiple choice question 13 from the 2025 Post Utme Nile University Accounting examination.

Post Utme Nile University 2025 Accounting Objective / Multiple Choice
Question 13 POST_UTME_NILE_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's balance sheet shows the following: | Assets | ₦ | Liabilities | ₦ | | --- | --- | --- | --- | | Cash | 10,000 | Bank Loan | 20,000 | | Debtors | 15,000 | Creditors | 10,000 | | Stock | 20,000 | Capital | 30,000 | What is the total amount of the company's assets?

Answer Options

A. ₦55,000
B. ₦65,000
Correct Answer C. ₦75,000
D. ₦85,000
Correct Answer
C
Correct Option:
₦75,000

About This Question

This is Post Utme Nile University 2025 Accounting Question 13. It is one of the objective questions from the 2025 Post Utme Nile University Accounting examination.

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