Post Utme Osustech 2019 Accounting Question 16

Practice objective / multiple choice question 16 from the 2019 Post Utme Osustech Accounting examination.

Post Utme Osustech 2019 Accounting Objective / Multiple Choice
Question 16 POST_UTME_OSUSTECH • 2019 • ACCOUNTING • objective

A company has the following transactions: Purchase of land for ₦1,200,000, purchase of machinery for ₦400,000, and sale of goods for ₦1,000,000. Calculate the total assets of the company.

Answer Options

Correct Answer A. ₦2,600,000
B. ₦2,700,000
C. ₦2,800,000
D. ₦2,900,000
Correct Answer
A
Correct Option:
₦2,600,000

About This Question

This is Post Utme Osustech 2019 Accounting Question 16. It is one of the objective questions from the 2019 Post Utme Osustech Accounting examination.

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