Post Utme Oau 2019 Accounting Question 3

Practice objective / multiple choice question 3 from the 2019 Post Utme Oau Accounting examination.

Post Utme Oau 2019 Accounting Objective / Multiple Choice
Question 3 POST_UTME_OAU • 2019 • ACCOUNTING • objective

A company has the following transactions: Purchased office supplies on account for ₦10,000, Sold merchandise for ₦50,000 cash, and Purchased a building for ₦200,000 cash. What is the total amount of assets?

Answer Options

Correct Answer A. ₦250,000
B. ₦260,000
C. ₦270,000
D. ₦280,000
Correct Answer
A
Correct Option:
₦250,000

About This Question

This is Post Utme Oau 2019 Accounting Question 3. It is one of the objective questions from the 2019 Post Utme Oau Accounting examination.

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