Post Utme Noun 2025 Accounting Question 4

Practice objective / multiple choice question 4 from the 2025 Post Utme Noun Accounting examination.

Post Utme Noun 2025 Accounting Objective / Multiple Choice
Question 4 POST_UTME_NOUN • 2025 • ACCOUNTING • objective

A company's trial balance shows the following balances: Accounts Payable ₦50,000, Accounts Receivable ₦30,000, and Common Stock ₦100,000. What is the total amount of assets?

Answer Options

A. ₦80,000
Correct Answer B. ₦120,000
C. ₦180,000
D. ₦200,000
Correct Answer
B
Correct Option:
₦120,000

About This Question

This is Post Utme Noun 2025 Accounting Question 4. It is one of the objective questions from the 2025 Post Utme Noun Accounting examination.

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