Post Utme Redeemers University 2022 Accounting Question 38

Practice objective / multiple choice question 38 from the 2022 Post Utme Redeemers University Accounting examination.

Post Utme Redeemers University 2022 Accounting Objective / Multiple Choice
Question 38 POST_UTME_REDEEMERS_UNIVERSITY • 2022 • ACCOUNTING • objective

A company's balance sheet showed the following balances: Cash ₦ 100,000, Accounts Payable ₦ 50,000, Common Stock ₦ 200,000. Calculate the company's total liabilities.

Answer Options

Correct Answer A. ₦ 150,000
B. ₦ 200,000
C. ₦ 250,000
D. ₦ 300,000
Correct Answer
A
Correct Option:
₦ 150,000

About This Question

This is Post Utme Redeemers University 2022 Accounting Question 38. It is one of the objective questions from the 2022 Post Utme Redeemers University Accounting examination.

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