Post Utme Redeemers University 2017 Accounting Question 34

Practice objective / multiple choice question 34 from the 2017 Post Utme Redeemers University Accounting examination.

Post Utme Redeemers University 2017 Accounting Objective / Multiple Choice
Question 34 POST_UTME_REDEEMERS_UNIVERSITY • 2017 • ACCOUNTING • objective

A company's balance sheet shows the following balances: Cash ₦50,000, Accounts Payable ₦200,000, Common Stock ₦300,000. What is the company's total liabilities?

Answer Options

A. ₦400,000
B. ₦450,000
Correct Answer C. ₦500,000
D. ₦550,000
Correct Answer
C
Correct Option:
₦500,000

About This Question

This is Post Utme Redeemers University 2017 Accounting Question 34. It is one of the objective questions from the 2017 Post Utme Redeemers University Accounting examination.

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