Post Utme Noun 2022 Accounting Question 2
Practice objective / multiple choice question 2 from the 2022 Post Utme Noun Accounting examination.
A government agency is required to prepare a statement of financial position as at 31st December, 2022. The agency has the following assets and liabilities: Assets: ₦100,000 cash, ₦50,000 accounts receivable, ₦20,000 property, plant and equipment. Liabilities: ₦30,000 accounts payable, ₦10,000 loans payable. What is the total amount of the agency's assets?
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About This Question
This is Post Utme Noun 2022 Accounting Question 2. It is one of the objective questions from the 2022 Post Utme Noun Accounting examination.
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