Post Utme Oau 2021 Accounting Question 10

Practice objective / multiple choice question 10 from the 2021 Post Utme Oau Accounting examination.

Post Utme Oau 2021 Accounting Objective / Multiple Choice
Question 10 POST_UTME_OAU • 2021 • ACCOUNTING • objective

A company's balance sheet shows the following items: Cash ₦50,000, Accounts Payable ₦20,000, and Common Stock ₦100,000. What is the total amount of liabilities?

Answer Options

A. ₦30,000
B. ₦40,000
Correct Answer C. ₦50,000
D. ₦60,000
Correct Answer
C
Correct Option:
₦50,000

About This Question

This is Post Utme Oau 2021 Accounting Question 10. It is one of the objective questions from the 2021 Post Utme Oau Accounting examination.

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