Post Utme Osustech 2024 Accounting Question 31

Practice objective / multiple choice question 31 from the 2024 Post Utme Osustech Accounting examination.

Post Utme Osustech 2024 Accounting Objective / Multiple Choice
Question 31 POST_UTME_OSUSTECH • 2024 • ACCOUNTING • objective

A company has a trial balance with the following accounts: Accounts Receivable ₦100,000, Accounts Payable ₦50,000, and Common Stock ₦200,000. What is the total amount of assets?

Answer Options

A. ₦250,000
Correct Answer B. ₦300,000
C. ₦350,000
D. ₦400,000
Correct Answer
B
Correct Option:
₦300,000

About This Question

This is Post Utme Osustech 2024 Accounting Question 31. It is one of the objective questions from the 2024 Post Utme Osustech Accounting examination.

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