Post Utme Noun 2021 Accounting Question 22

Practice objective / multiple choice question 22 from the 2021 Post Utme Noun Accounting examination.

Post Utme Noun 2021 Accounting Objective / Multiple Choice
Question 22 POST_UTME_NOUN • 2021 • ACCOUNTING • objective

A company's trial balance shows the following balances: Accounts Payable ₦50,000, Sales Revenue ₦150,000, Cost of Goods Sold ₦80,000, and Common Stock ₦100,000. What is the total amount of the company's assets?

Answer Options

Correct Answer A. ₦230,000
B. ₦240,000
C. ₦250,000
D. ₦260,000
Correct Answer
A
Correct Option:
₦230,000

About This Question

This is Post Utme Noun 2021 Accounting Question 22. It is one of the objective questions from the 2021 Post Utme Noun Accounting examination.

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