Post Utme Pan Atlantic University 2018 Accounting Question 24

Practice objective / multiple choice question 24 from the 2018 Post Utme Pan Atlantic University Accounting examination.

Post Utme Pan Atlantic University 2018 Accounting Objective / Multiple Choice
Question 24 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2018 • ACCOUNTING • objective

A manufacturing company has the following departmental accounts: Production department has a balance of ₦200,000, Sales department has a balance of ₦150,000, and Administration department has a balance of ₦100,000. What is the total amount of assets acquired during the year?

Answer Options

A. ₦450,000
B. ₦500,000
Correct Answer C. ₦550,000
D. ₦600,000
Correct Answer
C
Correct Option:
₦550,000

About This Question

This is Post Utme Pan Atlantic University 2018 Accounting Question 24. It is one of the objective questions from the 2018 Post Utme Pan Atlantic University Accounting examination.

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