Post Utme Oau 2025 Accounting Question 34

Practice objective / multiple choice question 34 from the 2025 Post Utme Oau Accounting examination.

Post Utme Oau 2025 Accounting Objective / Multiple Choice
Question 34 POST_UTME_OAU • 2025 • ACCOUNTING • objective

A company has the following ledger account balances: Cash 100,000, Accounts Receivable 200,000, Inventory 300,000, Prepaid Rent 40,000, and Accounts Payable 150,000. What is the total amount of assets and liabilities?

Answer Options

Correct Answer A. 740,000
B. 840,000
C. 940,000
D. 1,040,000
Correct Answer
A
Correct Option:
740,000

About This Question

This is Post Utme Oau 2025 Accounting Question 34. It is one of the objective questions from the 2025 Post Utme Oau Accounting examination.

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