Post Utme Oau 2025 Accounting Question 15

Practice objective / multiple choice question 15 from the 2025 Post Utme Oau Accounting examination.

Post Utme Oau 2025 Accounting Objective / Multiple Choice
Question 15 POST_UTME_OAU • 2025 • ACCOUNTING • objective

A company's balance sheet shows the following balances: Cash ₦150,000, Accounts Payable ₦120,000, and Common Stock ₦500,000. What is the total amount of liabilities?

Answer Options

A. ₦670,000
B. ₦770,000
Correct Answer C. ₦870,000
D. ₦970,000
Correct Answer
C
Correct Option:
₦870,000

About This Question

This is Post Utme Oau 2025 Accounting Question 15. It is one of the objective questions from the 2025 Post Utme Oau Accounting examination.

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