Post Utme Osustech 2018 Accounting Question 28

Practice objective / multiple choice question 28 from the 2018 Post Utme Osustech Accounting examination.

Post Utme Osustech 2018 Accounting Objective / Multiple Choice
Question 28 POST_UTME_OSUSTECH • 2018 • ACCOUNTING • objective

A company uses a self-balancing ledger system. The ledger has the following accounts: Cash, Accounts Receivable, and Inventory. The company has a balance of ₦150,000 in Cash, ₦200,000 in Accounts Receivable, and ₦250,000 in Inventory. What is the total value of the company's assets?

Answer Options

A. ₦600,000
B. ₦650,000
Correct Answer C. ₦700,000
D. ₦750,000
Correct Answer
C
Correct Option:
₦700,000

About This Question

This is Post Utme Osustech 2018 Accounting Question 28. It is one of the objective questions from the 2018 Post Utme Osustech Accounting examination.

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